Flows to money market funds fell slightly in the last week. Total outflows for the week ended Wednesday were $6.45 billion, reported the Investment Company Institute.

In a reversal from last week, retail funds saw more activity than retail funds. This week the flow out of institutional funds was $1.36 billion after while the flows out of retail money funds were $5.09 billion for the week.

Money Fund Flows ($ mm)
Week of	Total Net Flows	Retail Net Flows		Institutional Net Flows
		Taxable	Tax-Exempt	Taxable	Tax-Exempt
May 16	($6,450)	($4,860)	($232)	($2,210)	$852
May 9	$23,650	$3,020	$1,180	$22,190	$1,260
May 2	($41,710)	($7,920)	($2,450)	($32,270)	$925
April 24	$106.2	($6,190)	($4,970)	$11,920	($652)
April 17	($21,940)	($7,810)	($1,690)	($12,450)	($9,690)
April 10	$6,910	($2,590)	($690)	$10,540	($355)
April 3	($11,240)	($856)	$1,550	($12,870)	$947
Source: Investment Company Institute (ICI)

 

See the list of all the 2002 Most Influential People



Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE