Cash is flash? US$1.62tn manager stays liquid to pounce on volatility

Amid growing global uncertainty and trade tensions, T. Rowe Price is taking a different view. Instead of pushing clients to invest, they’re keeping more cash on hand to stay flexible and ready for market swings. “We remain overweight to cash and cash equivalents, as [cash] provides attractive yields and liquidity to try to take advantage of market opportunities amid expected…

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