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an InvestmentWires' Publication
Monday, April 06, 2020|
The March of Money Funds
Last month was huge for money funds, especially government ones.
"You've seen the craziest run-up in money-fund assets we've ever seen," Pete Crane, president of his eponymous data shop, told InvestmentNews.
Crane notes that, given the low yields, he expects money funds to start waiving fees again, like in the low-interest years following the financial crisis.
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