Displaying 18 results
Cash fund flows won’t ease until one year after rate cuts: BofA
Strategist Michael Hartnett says history suggests a 12-month lag.
Advisers walk fine line when managing client cash
Staying ahead of inflation in a low-yield environment can mean taking on more risk with emergency cash positions. The shortest-term certificates of deposit are yielding less than 65 basis points.
Vanguard’s first active bond ETF has ‘disruption’ written all over it
The low-cost provider is planning a cash-alternative exchange-traded fund whose cost is about half that of popular ETFs in the category.
JPMorgan creates investment product for Black-owned banks
The product will initially be distributed by four Black-owned banks, and JPMorgan will share the assets and fees generated with those banks.
Money markets have a problem in zero-rate world
Some fund companies are moving away from prime funds as low rates limit the edge the funds are designed to provide over more conservative alternatives
Cash-like ETFs see big outflows
Investors are exiting such funds at the fastest pace ever as stocks surge and corporate bonds look more appealing
Vanguard revamps money funds, lowering costs
The $125 billion Prime Fund will be renamed Cash Reserves Federal Money Market Fund
Fidelity doles out perks to high-net-worth clients
The company is planning to lure wealth management customers with credit card benefits, money-market fund access and other bonuses
Money funds holding record assets fret as yields head lower
The funds face the challenge of declining rates as their assets hit $4.77 trillion amid the flight to safety
Vanguard limits access to the safest money market funds
The asset management giant closed Treasury money funds to new investors in an attempt to keep yields positive
By the Numbers: COVID-19 and ESG
How did ESG funds hold up during the first quarter? Why is BlackRock making a money market portfolio greener? InvestmentNews Chief Content Officer George Moriarty answers both questions
Money funds just had their biggest month ever
Investors seeking a safe place for cash put a record $790 billion into government money-market funds in March, according to Crane Data
Treasury proposes to guarantee money market funds in stimulus
The plan temporarily permits the use of its exchange stabilization fund to guarantee money market funds
BlackRock colors a money fund green
The asset manager’s $3 billion Money Market Portfolio will focus on issuers that meet its environmental criteria
Keep sweep accounts clean and transparent
Idle cash is a significant profit center for broker-dealers
Finra probes brokerage bank sweep accounts as commissions dwindle
Expert: Interest rate discussions with clients ‘can be problematic’
Robinhood finally launches cash management service
Startup has spent the past 12 months retooling the product after a botched launch.
Time for money funds to buck the buck
Dollar-a-share peg little more than a marketing gimmick that confuses investors; this is not a bank account
