Investors piled another $26.8 billion into bulging U.S. money-market funds in the past week, bringing their total assets to a record $6.68 trillion, according to the Investment Company Institute. Mone ...
Safaricom has received approval from the Capital Markets Authority (CMA) to establish its Money Market Fund, named Ziidi. In ...
US money-market funds now have more than $7 trillion in assets under management, a milestone for an industry that’s ...
Franklin Templeton's money market fund is now tradable on Ethereum, joining a $410M fund market with multi-chain capabilities ...
Ripple and Archax, an FCA-regulated firm, have joined forces to tokenize Abrdn’s $4.8 billion Liquidity Fund on the XRP ...
The Capital Markets Authority has approved Safaricom's Ziidi Money Market Fund, accessible via M-Pesa, marking a significant ...
If you're looking to invest in highly liquid investment vehicles that come with short-term maturities, consider a money market fund. These mutual funds typically invest in cash, highly-rated debt ...
Invesco Conservative Income Fund returned 1.87% for the third quarter, outperforming its benchmark, the ICE BofAML US ...
E. Napoletano is a former registered financial advisor and award-winning author and journalist. Doug Whiteman is an award-winning journalist with three decades of experience covering personal ...
Learn more about it. While the terms money market account (MMA) and money market fund sound very similar, these two vehicles aren’t the same. A MMA is an interest-bearing account opened at a ...
A money market fund is a type of mutual fund, which means it makes investments in securities for a group of investors who buy shares in the fund. The fund is managed professionally and designed to ...