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Fed Rate Cut May Drive Investors Away From Money Markets, Says Portfolio Manager
Friday, September 20, 2024 - 4:10pm | 467The Federal Reserve’s decision cut interest rates by 0.5% on Wednesday may pull investors away from money market funds and into longer duration bonds, according to a portfolio manager. Total money market fund assets decreased by $20.02 billion to $6.30 trillion for a week ending on...
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Fintech Focus For July 14, 2021
Tuesday, July 13, 2021 - 6:29pm | 2350Quote To Start The Day: “Effective leadership is putting first things first. Effective management is discipline, carrying it out.” Source: Stephen Covey One Big Thing In Fintech: Banks want the Federal Reserve to create tough standards for evaluating whether fintech firms with narrow-...
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'Saving For Your Child's Future': UNest Launches 529 College Savings App For Millennials, Tech-Focused Parents
Wednesday, April 29, 2020 - 4:10pm | 525With the COVID-19 coronavirus, extreme uncertainty has hit home, forcing some families to consider tapping into their savings and investments. Despite the economic downturn, Ksenia Yudina, CEO, and founder of UNest, a college savings app, suggests parents don’t lose sight of their goals, such...
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The 'Flash Boys' Stock Exchange Goes Online: Why Individual Investors And High-Frequency Traders Should Care
Sunday, August 21, 2016 - 8:23pm | 619Capital Group is one of the best-known mutual fund managers in the world, having delivered healthy returns for decades. However, over the past few years, the firm has been exploring new paths to increased profits, including the creation of a new stock exchange, the first one ever owned exclusively...