Money Market Fund Assets Rise Back Near Record

Money market funds recouped minuscule mid-month redemptions with a $6.31 billion inflow in the week to September 27, data released late Thursday in the US showed. The prior week saw total assets slip from records amid $7 billion in outflows. At $5.644 trillion, total AUM is now virtually back to the all-time highs reached in the week to September 13. This week's inflow came courtesy of retail investors. A $4 billion outflow in the institutional prime category more than offset $2.2 billion of i