New
Crain corporate finance publication
Financial Week features an article
"Money fund fees squeezed", which describes
competition in the institutional money fund market.
Crane Data's most recent expense figures show
Institutional money funds averaging 0.19 percent as of Jan. 31, 2007, unchanged from the prior month. The
Crane 100 averaged expenses of 0.
38 percent, while the
overall money market fund universe averaged expenses of 0.47 percent.