These banks could play an important role in plugging the leaks of the local economy, providing another home for local savings, for example, slowing
the outflow of money into London and international financial institutions, speculative lending, derivatives and other aspects of «financialisation».
Not exact matches
While much
of the
outflows so far have been a result
of investors switching out
of high yield
into safer
money - market and government bond funds, Gutteridge believes we have seen the bulk
of the selling.
Every pension fund under the sun in this country — because rates are so low — has monthly negative
outflows of cash: beneficiaries are being paid more
money than is flowing
into the fund.
Also to the degree that it exceeds the normal cash buffer the fund maintains, you also need someone to invest proceeds when there is a net influx
of money into the fund, and sell assets when there is a net
outflow.
«If we see the dedicated investors (which include dedicated mutual funds, closed - end funds and pension funds) having negative
outflows, and if we see that the fast
money and maybe even the value and income - oriented investors are lowering their allocations, there's not a lot
of cash coming
into the group to pick up the pieces,» explained Litt during the conference call.