Arbitrage funds, once a popular choice for idle cash, are seeing reduced investor interest. Inflows have significantly dropped. Rising costs, including higher transaction charges, and new regulations requiring investment in short-term government bonds are impacting returns. This shift is dimming the appeal of these funds for investors.
Berkshire Hathaway spends down cash pile under CEO Greg Abel
Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly