The top winners from investors flooding cash into U.S. money market funds in the past two weeks are Goldman Sachs (NYSE:GS), JPMorgan Chase (NYSE:JPM) and Fidelity, according to the figures. Goldman Sachs’ money funds have received $52 billion, a 13% growth, while JPMorgan’s funds poured almost $46 billion, and Fidelity saw inflows of nearly $37 billion, says the FT. The volume of inflows is the biggest for a month since the emergence of the Covid-19 outbreaks.
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Source: Cryptocurrency - investing.com
