Digital wealth manager Moneyfarm has launched a portfolio of money market funds managed by global asset managers.
In brief:
-Liquidity+ provides access to institutional share classes typically only accessible to institutional investors
-It is aimed for investors looking to shield their short-term savings at a time of high-interest rates
-The funds will be selected by the company’s asset allocation team, led by chief investment officer Richard Flax.
What does this mean?
“With Liquidity+, we are offering a low-risk investment option with attractive yields, managed by top global institutional asset managers,” Moneyfarm CEO Giovanni Daprà said.