Principal AM’s Seema Shah: Money market surge poised to fuel risk asset rally
A record $5.7trn has been amassed
All the action from the 29 November, celebrating excellence across wealth and asset management
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A record $5.7trn has been amassed
Emerging specialist was dropped by SJP last week and has seen its AUM fall two-thirds since October
Short term money market brings in £650m while UK all companies loses £939m
Assets under administration (AUA) climbed 11% to £70.9bn
Second largest shareholder voted to discontinue
Results come as share prices of consumer franchises fall