Wall Street Journal's "Strong Market Had Few Losers" mentions money funds outperforming many bonds and notes the asset surge.
Motley Fool touts Federated Investors (FII) in "Previewing 2007" article, calling money market funds "very attractive."
ICI reports money fund assets up by $63.2 billion in November to a record $2.31 trillion (monthly record). Money fund assets increased by $269.5 billion through 11/30/06.
The Denver Business Journal writes "Janus seeks approval to reorganize money market funds", saying the company seeks shareholder approval to split its retail and institutional money fund portfolios.
"Stick With Cash and Caution ..." says MarketWatch's Herb Greenberg in Saturday's Wall Street Journal.
Bond Buyer "Extra Care With GICs" says "Another worry is that firms might have used swaps and derivative products to manipulate muni bond yields."
Goldman Sachs Asset Management has revamped its website. While there isn't much new, there is an added performance table for money funds.
The Association of Financial Professionals (AFP) released survey results showing financial professionals "cautiously optimistic about economic growth in 2007".
We liked this brief newsletter published by the Florida State Board of Administration, "Local Government Investment News," for pool participants.
The Association of Financial Professionals is accepting speaking proposals for next year's annual conference in Boston (10/21-24/07). We'd like to see more money fund content, and hope to see you here!
"Fed Is Hampered By Past in Effort To Sound Warning" in The Wall Street Journal compares 2006 with 2000's series of 13 rate cuts. But Bernanke wants recent inflation warnings "taken at face value."
Rueters article "FDIC to weigh new bank capital standards" discusses the proposed Basel II international banking requirements.
The Florida Sun Sentinel runs Bloomberg piece on "Bond Funds vs. Money Funds" (linked previously too).
The ABN Amro funds have been renamed the Aston Funds, though the money funds will continue to keep the ABN Amro name.
Money funds surged for the 5th week in a row. Assets rose $14.55 billion to $2.33 trillion and have gained $272 billion, or 13.2%, YTD.