Updated Wednesday, June 19, 2013 as of 2:16 AM ET
Portfolio - Investment Products
Money Funds Drop $2.5 Billion
by: Hung Tran
Friday, November 16, 2012
Print
Email
Reprints

Total money market mutual fund assets decreased by $2.54 billion to $2.575 trillion for the week ended Wednesday, according to data from the Investment Company Institute.

Taxable government funds decreased by $2.12 billion, taxable non-government funds decreased by $430 million, and tax-exempt funds increased by $10 million.

Institutional money market funds’ assets also dropped by $4.66 billion to $1.685 trillion. But on the retail front, money market funds increased by $2.12 billion to $890.22 billion.

Investment Products

Comment
Be the first to comment on this post using the section below.
Post a Comment
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Slide Shows
Practice Management
Is Your Attire Costing You Clients?
Practice Management
Social Media
Lists
Guides and Supplements
Sign up to customize your Bank Investment Consultant experience

Current Issue

view past issues
The June Issue is now online!
SUBSCRIBE NOW
VIEW DIGITAL EDITION


MOST VIEWED
MOST EMAILED
TWITTER
FACEBOOK
LINKEDIN
TOP DISCUSSIONS
DISCUSSION TOPICS
Quick Polls
Are You Considering Changing Firms This Year?
Yes, to Another Wirehouse or Regional Firm.

14%

Yes, Considering Independence.

14%

No.

71%

See Recent Polls

Industry Events

see all »
IMN Non-Traded REIT Industry Symposium
June 20, 2013 |

Outsourced CIO Summit
June 24, 2013 | Miami Beach, FL

Workplace Benefits Mania
July 30, 2013 | Las Vegas, NV

First Allied Securities Annual National Conference
August 7, 2013 | San Diego

8th Annual Employee Benefit Adviser Summit
September 22, 2013 | New Orleans, LA

Already a subscriber? Log in here