Vanguard ‘missed a trick’ with first UK money market fund
Passives giant barely beats Blackrock out of the blocks with cash product
Passives giant barely beats Blackrock out of the blocks with cash product
Brexit could drive interest in the automated offering that drip-feeds into portfolios
Advisers reveal some investors are pulling entire portfolios from the market
Money market funds have been out of favour on the back of low interest rates
Professional investors shift to cash as sentiment moves in line with European average
Only a handful of money market ETFs are currently available to UK investors
Morningstar Investment Management has substantially raised the cash levels in its Real Return multi-asset range as it braces for interest rate normalisation and higher volatility.
Global fund managers slashed exposure to equities in February and put more into cash, according to the latest BofA Merrill Lynch Fund Manager Survey.
Global fund managers have begun 2018 in bullish mood, dropping cash balances to a five-year low and increasing equity exposures to a two-year high, according to the latest BofA Merrill Lynch Fund Manager Survey.
The average cash balance held by global fund managers jumped for the first time in four months in December according to the latest BofA Merrill Lynch fund manager survey.
The use of cash by fund managers has been attracting the headlines recently, with November’s BofA Merrill Lynch global fund manager survey showing a record percentage of global fund managers were taking above-normal levels of risk in their investments.
The Rathbone Global Opportunities fund is running its lowest ever cash position because lead manager James Thomson is currently finding so many buy ideas in the market.