Articles tagged "Nancy Prior"
Fidelity Investments intends to 'hard close' two institutional money market funds to curb exposure to COVID-19's high-volatility market
Each fund is of the prime institutional money market that comprises up to 7% of the $4.6 trillion US money market fund industry, but use has dwindled from $1.1 trillion in 2011 to today's $356 billion.
June 23, 2020 at 1:35 AM
After Vanguard gains $550-billion ETF lead, Fidelity makes 'rabbit out of the hat' play to regain ground
But even as Boston execs attempt magic, Vanguard makes almost simultaneous ETF move that requires no lagomorphs