You are here

Cash helping US fund managers, even as they look to spend it

Those holding more cash outperform their peers; they are now shopping for shares which are near 2015 lows

New York

STOCK mutual fund managers who tucked extra cash under their mattresses this year have fared well: Protected from the worst of the recent selloff, they have generally outperformed their competitors and now, with shares near 2015 lows, are readying a new round of buying.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom