ICI's weekly "Money Market Mutual Fund" data series shows assets rising $14.14 billion the week ended August 13 to a record $3.575 trillion. Retail assets declined by $3.61 billion to $1.240 trillion while institutional assets increased by $17.75 billion to $2.335 trillion. Money funds assets, which surged by over $580 billion in the second half of 2007 and by another $385 billion in the first quarter of 2008, stalled in the second quarter of '08, falling $42 billion. It appears the inflows may be back in Q3, though, as assets have risen by $95 billion over the past month-and-a-half.

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