The retirement funds of the top 100 U.S. public companies, with combined assets of about $1.8 trillion, have ratcheted up their fixed-income allocations to a record level.
Investors put $2 billion into the Vanguard Short-Term Treasury ETF (VGSH) and about $660 million into the Schwab Short-Term U.S. Treasury ETF (SCHO) last week -- a record for both funds,
JPMorgan joins Morgan Stanley in planning to offer rich clients access to funds that enable ownership of Bitcoin.