Insights | 05.27.20
Professional Investors May Be Dipping Their Toes Back into Stocks
The historic inflow to money market funds (MMFs) from institutional asset managers paused last week, data from the Investment Company Institute show, and that could mean professional investors are starting to believe in equities again. MMFs saw just $1.41 billion of inflows for the week ending May 21, all of it from retail investors, as institutional money managers pulled $8.58 billion out of the funds.
Read the full article on Axios.