Money market funds surge in popularity as investors grapple market volatility

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Money market funds surge in popularity as investors grapple market volatility

Money market funds roared back to popularity last month, as investors continued to shun equities amid ongoing market uncertainty. UK investors allocated capital to money market funds in favour of stocks in a bid to ride out the ongoing economic and geopolitical tensions rocking financial markets. The funds attracted £417m of inflows in September, marking [...]