Money fund assets fall to $2.710T in latest week
NEW YORK (AP) — Total money market mutual fund assets fell $36.18 billion to $2.710 trillion for the week, the Investment Company Institute said Thursday.
Assets of the nation's retail money market mutual funds fell $1.87 billion in the latest week to $917.21 billion.
Assets of taxable money market funds in the retail category fell $150 million to $717.45 billion for the week ended Wednesday, the Washington-based mutual fund trade group said. Tax-exempt fund assets fell by $1.71 billion to $199.76 billion.
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