Some US wealth managers are slashing fees on money market funds so their investors don't lose money because returns are so low

· *Wealth management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt mean that investors risk losing money simply by investing in them, the FT reported Friday.*
· *Federated Hermes, Fidelity Investments, and TIAA-CREF have scrapped or lowered fees...