KM Financial Solutions | UPDATE 1-Fidelity’s money-market fund assets surged 20% in past year
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UPDATE 1-Fidelity’s money-market fund assets surged 20% in past year

UPDATE 1-Fidelity’s money-market fund assets surged 20% in past year

Fidelity Investments’ money-market
fund assets have climbed $116 billion, or 20%, over the past 12
months as investors embrace higher yields for their idle cash,
research firm Crane Data said on Thursday.

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