Today news
About the same in other media
Big wealth investors are likely to put money to work in stocks after amassing record levels of cash
Reading now: 704
cnbc.comIn this article
(Click here to subscribe to the new Delivering Alpha newsletter.)
Hundreds of billions of dollars in cash have been amassed by big investors in the last few weeks of 2021, setting the stage for a massive risk-on move into equities in the new year.
Investors added more than $43 billion into money market funds last week, bringing the total amount of cash raised in the past seven weeks to a massive $226 billion, according data from Goldman Sachs. The money market stockpile has not declined in 2021 despite the rally in stocks, with assets under management in cash equivalents standing near a record $4.7 trillion, the data showed.
«My core thesis is that money will come out of negative real yielding cash and out of bonds
Read more on cnbc.comAbout this in other media
Robinhood's Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News cryptonews.com /2 years ago
Regulators Learning from Crypto to Take on Pump and Dumps in Stocks cryptonews.com /2 years ago
CLOs wrap up record year as Libor phases out fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
