Is the FOMO switch out of cash finally happening...?
Will there be re-engagement?
Will be interesting to see whether we see a re-engagement into equities retail and institutions. Judging from inflows in the US in recent weeks there has definitely been a theme of a rotation out of cash and money markets and back into equities. What we know in terms of changes in these flows is that they are like super-tankers. But when they turn they turn...