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Merrill: Investors are ‘index hugging’ and moving to cash
Investors doubled their holdings in cash this month to the highest levels in more than a year as money managers remain divided on the outlook for the global economy, a BofA Merrill Lynch Global Research survey showed.
Money fund assets rose to $2.84T last week
Total money market mutual fund assets rose by $740 million to $2.841 trillion for the week, the Investment Company Institute said Thursday.
Reforms to money funds don’t go far enough, Neuberger executive says
The reforms to money market funds that took effect last month aren't enough to address the problems associated with these investments, a Neuberger Berman executive said today.
Money fund assets fall to $2.96T
Total money market mutual fund assets fell by $18.49 billion to $2.964 trillion for the week, the Investment Company Institute said Thursday.
Retail money fund assets on the rise
But assets in institutional money market funds shrank last week, says ICI
FDIC seizes four more banks
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades.
Cashflow Insite has integrated with CashEdge AllData Advisor service
I first wrote about Cashflow Insite back in October (scroll down to the ”Tracking…
