Two months after the collapse of
Lehman Brothers killed the
Reserve Prime Fund, inflows continue to push money market fund assets to record levels. The
Wall Street Journal's Kevin Kingsbury
reports that, according to
iMoneyNet's
Money Fund Report, inflows of $55.63 billion for November 12-18 raised money fund assets to $3.596 trillion. That boost includes $39.2 billion that investors put into other prime funds.
Taxable money funds led the way with $59.74 billion in inflows, while tax-free funds actually felt outflows of $4.11 billion. 
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