Cash management accounts at non-traditional banks raised their expected returns by as much as 1.5 percentage points as interest rates rose sharply. This article covers the adjustments made by local investment platforms and mentions MoneyOwl, Syfe and Stashaway. The article has included MoneyOwl’s CFO Harry’s comments that investors should pay attention to the funds invested in the cash management account as if it is a bond fund, investors will face interest rate risk due to bond prices being inversely proportional to interest rate trends. He also mentions how bonds have been performing poorly over the past year as global interest rates have started to rise, leading to recent negative returns on some investors’ cash management accounts. It is also said that although the steady growth of bank fixed deposits is favored by investors, they usually have lock-up periods, which may make investors miss out on higher deposit interest rates in the future.