Demand for money market funds (MMFs) remains strong, according to J.P. Morgan Asset Management’s 2019 Global Liquidity PeerView Survey.
The survey found that MMFs remain the most permissible investment (in 92% of investment policies), followed by bank obligations (62% of policies) and U.S. treasuries (60%).
The survey also found that 19% of investors are using ESG criteria to screen investments, with a further 25% planning to start within the next two years.
Rising political risk tops the list of investment challenges, with 67% of respondents expressing concern about the U.S.-China trade war and Brexit.
“The changing global economic environment presents investors with many new challenges, from slowing growth, rising trade tensions, and falling interest rates,” said Paula Stibbe, global head of liquidity sales at J.P. Morgan Asset Management.”