Savings and Investments: 'Flight to safety' still a trend
The flight to safety - primarily a move to cash deposits - has been the strongest recent trend in the savings and investments market, according to John McDonnell.
The flight to safety - primarily a move to cash deposits - has been the strongest recent trend in the savings and investments market, according to John McDonnell, managing director of Bespoke Trustees and Bespoke Investments.
"Funds have been flowing from traditional 'risk assets', such as equities to deposit-based investments. There has been an interesting anomaly in the Irish deposit market in recent times where ECB rates have been at record lows, but deposit rates...
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