Skandia reports slide in cash fund sales
Sales of cash and money market funds have halved over the past 12 months, according to Skandia.
Sales of cash and money market funds have halved over the past 12 months, according to Skandia.
Strategic bond sales firmed their position in July, as investors anticipated volatile conditions.
As Jupiter cuts cash, many IFAs see the move as a bid to grab opportunities.
Are investors who hold cash as well as their fund managers unecessarily doubling up on lower risk?
Cash holdings sky-rocket to the highest levels since the peak of the credit crisis.
The number of asset allocators overweight cash has reached its highest level for a year, say BofA ML