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Rating:iMoneyNet Sees Money Funds Set New Record Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, November 13, 2008

iMoneyNet Sees Money Funds Set New Record

by: Neil Anderson, Managing Editor

Money market funds just hit a record asset level. The Wall Street Journal's Kevin Kingsbury reports that, according to iMoneyNet's Money Fund Report, net buying of money funds hit $21.21 billion during the week ended November 11. (That includes $1.59 billion of net flows into tax-free funds and nearly $20 billion into taxable ones.) 

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