- BlackRock cites regulatory reforms as the reason it is closing or consolidating 20 of its money market funds. The changes will affect more than $200B in client assets
- State Street's brand new CEO sees collaboration and creativity as keys to growth. 'The relationship with DoubleLine is pretty attractive.'
- The Fed might be banking on a stronger economy to justify a rate hike, but the yield on the 10-year Treasury is telling a different story. The June rate hike suddenly looks like a September rate hike at the earliest
- If you're really looking for a reason to follow Mohamed El-Erian to cash, here are six. Have at it. Rallies have no legs, etc.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
BlackRock shrinks money market lineup, affecting $200B in assets
Plus: State Street's new chief talks collaboration, Treasury yields don't suggest good things ahead, and six reasons to sell stocks and go to cash
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