Banking
Cash draws biggest weekly inflow since March 2023, BofA says
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LONDON (Reuters) – Investors ploughed $136.4 billion into cash in the week to Wednesday, the
LONDON (Reuters) – Investors ploughed $136.4 billion into cash in the week to Wednesday, the biggest weekly inflow since March 2023, when markets were rattled by a regional banking crisis, according to a report from Bank of America on Friday.
They also snapped up $8.2 billion of stocks and $4.9 billion of bonds, but sold $0.4 billion of gold, Bank of America said, citing data from EPFR.
Crypto got a $3 billion injection, and clocked its largest four-week inflow ever, at $11 billion.
Buying of U.S. equities continued for the ninth consecutive week, with inflows into small caps specifically ballooning to a record high, the bank said.
(Reporting by Lucy Raitano; Editing by Amanda Cooper)
Cash management refers to the process of collecting, managing, and investing cash in a way that maximizes liquidity and minimizes risk. It involves monitoring cash flow, optimizing cash reserves, and ensuring that funds are available when needed.
Financial markets are platforms where buyers and sellers engage in the trade of financial assets such as stocks, bonds, currencies, and derivatives. They play a crucial role in the economy by facilitating capital allocation and price discovery.
An investment portfolio is a collection of financial assets such as stocks, bonds, and other securities held by an investor. The goal is to diversify investments to manage risk and achieve specific financial objectives.
A stock represents a share in the ownership of a company and constitutes a claim on part of the company’s assets and earnings. Stocks are a common way for individuals to invest in a company's growth.
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