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Friday, June 19, 2009 WSJ Highlights Big Pullback from Money Funds The Wall Street Journal picked up on data from the ICI which show that assets in money market funds fell $72.85 billion in the latest week. This, the WSJ notes, is the largest pullback since September, when a Reserve fund broke the buck, triggering widespread fear among investors. Total assets in money funds declined to $3.68 trillion in the week ended Wednesday. Printed from: MFWire.com/story.asp?s=21850 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |