Stay updated with breaking news from Lucy Raitano. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
LONDON (Reuters) - Investors piled into bonds and stocks in the week to Wednesday, while pulling $17.6 billion out of cash, according to a report on Friday from Bank of America (BofA) Global Research.
SES Imagotag's shares rose by more than 40% on Friday following a new report from critic Gotham City Research that analysts said failed to provide new information on the French smart label...
Investors ploughed more money into cash in the week to Wednesday, with total cash assets under management reaching a monster $7.8 trillion, according to a report from Bank of America Global Research. ...
By Lucy Raitano LONDON (Reuters) - Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under manag...
Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching a "monster" $7.8 trillion, according to a report from Bank of America (BofA) Global Research. Inflows into cash funds totaled $29 billion in the week to Wednesday, while global investors also bought $13 billion of equity funds and $9.8 billion of bonds, BofA said citing figures from funds data provider EPFR. Fears about a looming recession have kept many investors holding large cash positions throughout the first half of this year, even though the surpri...