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Depositors have started to move their money from bank accounts to money market funds, in part because of ongoing concerns about the banking crisis and also offers of higher returns, according to a recent report from financial services company Morningstar.
Morningstar Research (Thailand), a unit of the American financial services company, recently revealed the top five global equity funds in terms of returns for the past three years and year-to-date, with most focusing on investing in mega trend themes.
Morningstar Research (Thailand) projects US inflation to drop sharply in the first half of next year, saying the Federal Reserve is doing more than is required to bring inflation back to 2%.