​ Money Fund Investors Hang Tight, Inflows Push Assets to Record Levels. The latest weekly money market mutual fund asset totals released by ICI show that investors have not only stayed with money funds through the recent extendible asset-​backed commercial paper scare, but they continue to add cash. Money fund assets rose by a huge $​43.​67 billion to a record $​2.​701 trillion in the week ended August 15. Retail assets increased $​8.​3 billion to a record $​1.​066 trillion and institutional assets increased by $​35.​37 billion to a record $​1.​635 trillion. Money fund assets have increased by a stunning $​505 billion, or 23%, over the past 52 weeks. Inflows continue to alleviate recent liquidity problems with mortgage-​related extendible ABCP. While managers remain very concerned with the recent market gyrations, all money market funds remain intact and unscathed to-​date.

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