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Money market funds still popular with investors as open-ended fund assets grow in second quarter Investors continued to prefer “safe haven” money market funds as they shifted assets back into all types of open-ended funds in the second quarter, buoyed by a strong recovery in global financial markets, according to data compiled by The European Fund and Asset Management Association (EFAMA). |
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Vanguard to close PA and NJ money market funds | Mon | 28 Sep 2020, 11:51 | Vanguard has closed both the USD1.8 billion Vanguard Pennsylvania Municipal Money Market Fund and the USD1.2 billion Vanguard New Jersey Municipal Money Market Fund to new investors, and plans to close both funds in November. |
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