MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, September 26, 2008 Money Funds are on the Rebound Assets in most money funds continue to rebound this week. According the Crane Data, money funds added $1.5 billion on Monday, $26.2 billion on Tuesday and $19.64 billion on Wednesday. Assets gathered by the funds year-to-date are still up by $178 billion, or 8.1 percent. News for money funds of the same type as the Reserve fund that broke the buck is less encouraging. Prime money funds lost 16.7 percent of their assets last week and another 10.8 percent so far this week. Printed from: MFWire.com/story.asp?s=19452 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |