Money Funds Seeing Huge Inflows, Opportunities

By Lori Pizzani

April 28, 2008

A flood of retail and institutional investors have hit the sidelines and settled comfortably into money market funds in light of the equity market roller coaster and credit market stumble. As of March 31, money fund assets topped $3.27 trillion, according to data from Crane Data of Westboro, Mass. Over the past 52 weeks, money funds have pulled in over $1 trillion in assets.

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