Investors Pour $38B into Money Market Funds in Latest Week
by:
Armie Margaret Lee
Assets in money market funds increased by $38.01 billion in the week ended Tuesday, Dow Jones Newswires reported citing data from iMoneyNet Inc.'sMoney Fund Report. Of the amount, $27.28 billion came from institutional investors and $10.73 billion from retail investors.
Total net assets in money-market funds came to $3.304 trillion at the end of Tuesday.
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