The June issue of SmartMoney writes "​How to Pick the Right Fund Firm". The article, which isn'​t yet available online, discusses the sharp rebound in the stocks of asset managers and contains a few comments on money funds. It says, "Another big trend: cash. Money-​market assets are up $​318 billion, or 9 percent, in the past year. These funds tend to have very low fees, but Federated Investors, which has $​407 billion in assets, offers a wide array of money-​market funds and has the scale to make the business profitable. What'​s more, when investors move their cash into the market, they tend to keep their money within the same fund family, says Peter Crane, president of money-​market research firm Crane Data." The piece also mentions BlackRock and Charles Schwab.

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