You are here

Fidelity fund aims to invest only in assets that are collateralised

Boston

FIDELITY Investments plans to convert its largest money fund into one that almost only buys securities issued or backed by the US government after regulators imposed restrictions last year. It wants the US$111.5 billion Fidelity Cash Reserves fund to invest at least 99.5 per cent

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