Cash market funds have been experiencing constructive inflows for a number of months now, particularly amongst UK traders. In 2023, the typical month-to-month influx for the cash market fund sector was £400m from UK traders, in accordance with Calastone’s Fund Circulation Index report.
Whereas this has dipped thus far 2024, with £78m inflows in February and £56m in January, the constructive development has been maintained.
Monika Carlson, head of mounted revenue enterprise growth at AllianceBernstein, mentioned that traders in these portfolios who “wait to get off the sidelines” are susceptible to lacking out on returns as soon as the F…
