Nordic corporates stick to cash despite negative rates
Companies in the Nordic countries continue to hold the majority of their liquidity in bank accounts. And they don’t have plans to diversify, despite the threat of negative central bank interest rates being passed on to them.
Cash balances hit 15-year high as investors turn cautious
Investors are turning more cautious in the face of the turmoil in the financial markets this year, according to the latest Bank of America Merrill Lynch (BAML) Fund Manager Survey, with average cash balances up at their highest weighting since November 2001.
Dollar cash outperforms MSCI World year-to-date
If you had invested all your cash in dollars as a euro-based investor this year, you would have earned a better return than if you had emulated the MSCI World. Moreover, equity returns seem to have become completely tied to exchange rate movements.
Part 2 of 2 – Absolute return funds cannot deliver what they promise, says Van de Ven
In part two of this video interview, Bart van de Ven of Belgian wealth manager Accuro explains why he doesn’t like absolute return funds and why he prefers to keep some cash on the sidelines instead.
Investors hoard cash amid market uncertainty
Investors around the world are increasing their cash holdings as the economic slowdown in China threatens to drag the world economy down. According to data from Lipper published today, investors poured in a net $77.7bn (€70.5bn) into money market funds in July. This is more than half the total amount flowing into cash funds in the previous nine months.