Investors flooded U.S.-based money market funds with the most cash in nearly five years earlier this month, Lipper data shows. The funds pulled in nearly $34.9 billion during the seven days through June 6. Read the original story from Reuters.
10 Things...boards are facing now and into 2024
Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...