Live from BNY Mellon Pershing Insite and Bloomberg Invest
Bloomberg Businessweek
00:00
The Future of Money Market Funds
Growth is going to be below 2% in the developed world and that is well below trend. So you've got higher rates, higher inflation and lower growth as an investor right now. I would actually say that investments who have a vintage over the next 24 months probably are going to have somewhat higher returns than some of the ones that were put out in say 2018 and 2018. There's a very good reason why so much money has moved into money market funds most recently because of the little banking blips that we had where basically a lot of money came out of regional lenders.
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