Equities

“Stocks and bonds say we’re doomed,” said Chris Rupkey, chief financial economist for MUFG Union Bank.

The software giant’s offer comes as many fintech companies are becoming established enough to go public.

The academic duo who fueled the strategy’s boom want to know if worsening performance signifies a bout of misfortune or if something’s fundamentally broken.

A flight to safety that saw funds in short-term bonds and utilities add cash as coronavirus dominated headlines has given way to a vigorous rally.

Data reported by the Investment Company Institute.

The move is part of a larger strategy to bring account minimums down for clients who either can't or don't want to buy entire shares of high-priced stocks.

Similar products are stockpiling unprecedented levels of new cash as investors look to alternative assets for growth and income.

Risky assets outside the U.S. are seeing fresh flows as a potential trade deal with China buoys expectations for global growth.

A quarter of wealthy investors' average assets are currently in cash, according to a new survey.