ETFs

Fed flags concerns about mutual funds, exchange-traded funds

Fed report says the funds could be vulnerable to investor runs

The Federal Reserve is worried money-market mutual funds and exchange-traded funds could be vulnerable to investor runs in times of financial strain, the central bank said in a monetary policy report released Tuesday.

The Fed's analysis of existing financial market conditions found fairly low levels of reliance on short-term funding by non-bank financial institutions, given the huge hit taken in those markets during and after the financial crisis.

WSJ Logo
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.