​ Money Market Fund Assets Continue Increase, Retail Investors Join Surge. The Investment Company Institute'​s latest weekly asset totals show money market mutual funds increasing by $​21.​4 billion to a record $​3.​047 trillion. Retail fund assets led the increase this week, rising by $​19 billion to a record $​1.​124 trillion. Institutional assets rose by $​2 billion to a record $​1.​923 trillion. Government institutional assets rose $​19.​1 billion and government retail assets rose $​6.​1 billion. Non-​government institutional assets fell $​18.​7 billion and non-​govt retail rose $​9.​2 billion. Money fund investors continue to be unfazed by ongoing SIV and ABCP-​related turmoil to date, correctly surmising that they will be protected by fund advisors via purchases of troubled securities or credit enhancements. Money fund assets have increased by over $​100 billion month-​to-​date in November, following increases of approximately $​92 billion in October, $​78 billion in September, and a record $​193 billion in August. Year-​to-​date, money fund assets have increased by $​665 billion, or 27.​9%. Over 52 weeks, assets have grown by $​736 billion, or 31.​8%.

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