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Money Fund Assets Eke Out Another Record in Latest Week Say ICI #'s. The Investment Company Institute's weekly money market mutual fund series show assets rising $1.3 billion to a (barely) record high of $2.53 trillion for the week ended June 13. Retail funds rose $1.2 billion to $1.025 trillion and institutional funds rose $54 million to $1.506 trillion. Year-to-date, money fund assets have increased by $148.2 billion, or 6.2%. Over the past 52 weeks, money fund assets have increased by $401 billion, or 18.8%. Assets should dip as we approach June 29 due to normal quarter-end outflows, but should continue their rapid expansion in early July.
