Money Fund Assets See Big Jump in Latest Week to Record $3.12 Trillion. Money fund assets increased by $47.64 billion to a record $3.118 trillion in the week ended Dec. 5, reports the Investment Company Institute. Retail funds grew $9.09 billion to $1.140 trillion, while institutional funds approached the $2 trillion barrier, rising $38.54 billion to $1.977 trillion. For 2007, money market funds are headed for the biggest annual increase in their 35-year history and their largest percentage increase since 1981, when assets more than doubled to $186 billion. Assets have risen by almost $740 billion, or 30.9% YTD. The only other years showing larger percentage gains were 1978 and 1979, when money fund assets grew from $4 billion to $46 billion in a 2-year period. Since the credit crisis begain in early August, money fund assets have grown by an incredible $510 billion, or 19.6%.

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