Money market funds have soared to heights not seen in nine years as investors continue to pull capital from equity and bond funds and pour it into MMFs. It's still early in the year, but early numbers suggest Moody's outlook for MMFs in 2019 could end up being rather conservative.
Q3 hedge fund letters, conference, scoops etc
Fifth consecutive week of inflows to money market funds
Data from iMoneyNet indicates that MMFs tacked on another $35.62 billion in assets last week, bringing the total assets under management by MMFs to $3.029 trillion. The last time this number surpassed $3 trillion was in March 2010. Over the last five weeks, assets under management in MMFs climbed $159.53 billion.
Data from another...
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