The new US asset managers

Cash-rich US companies, led by Apple, Microsoft and Google, have muscled into the rise of asset managers with a stockpile of $1.2tn in cash, with a large chunk being recycled into tradeable bonds, government and corporate bonds

Cash-rich US companies are buying corporate bonds, but will promised tax reform end the buying spree?

US groups enjoy latitude on what must be revealed about cash and securities holdings

Corporate America is ploughing its excess cash into a wider range of assets

Tech giant invests large chunk of its $133bn of cash in US government and agency debt

Blurring of lines between cash-rich companies and money managers threatens consequences