The bulk of the inflows are from what are described as institutional investors. JP Morgan Chase, Goldman and Fidelity are the three biggest winners. Federated and Schwab and Vanguard are also seeing big inflows.
Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners from investors pouring cash into US money market funds over the past two weeks, senior EU and UK officials have stepped up discussions on potential plans for closer defence and security co-operation, the London Metal Exchange has found bags full of stones at one of its warehouses instead of the nickel they were supposed to contain in the latest drama to hit the scandal-stricken metals market, and crypto companies are heading to Hong Kong to try and capture demand from Mainland China
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