What happens to UnitPlus Business when interest rates fall?
UnitPlus Business invests the company’s liquidity in an actively managed money market fund from Goldman Sachs Asset Management. This fund has an active investment approach, which is managed by several portfolio managers and utilizes the expertise of the international investment bank Goldman Sachs. If the European Central Bank reduces its key interest rate, this will also have the effect of reducing the yield of the money market fund with a delay of a few days.
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