UPDATE 1-Fidelity’s money-market fund assets surged 20% in past year
07 Aug UPDATE 1-Fidelity’s money-market fund assets surged 20% in past year
Posted at 16:29h
in
News
by KMFSLLP
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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