US money-market funds waive fees to stave off negative returns
Asset managers act after short-term debt rates plunge
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US money-market funds waive fees to stave off negative returns
FT.com
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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..
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