ICI's weekly "Money Market Mutual Fund Assets" says, "Total money market mutual fund assets decreased by $8.36 billion to $3.319 trillion for the week ended Wednesday, December 2.... Taxable government funds decreased by $9.35 billion, taxable non-government funds decreased by $950 million, and tax-exempt funds increased by $1.94 billion.... Assets of retail money market funds decreased by $3.97 billion to $1.078 trillion.... Assets of institutional money market funds decreased by $4.39 billion to $2.242 trillion." Year-to-date, money fund assets have declined by $511 billion, or 13.3%, while over 52 weeks they've declined by $424 billion, or 11.9%. Retail assets have declined by 20.5% ($277 billion) while Institutional assets have declined by 9.8% ($244 billion). Look for Crane Data's forecast for 2010 money fund asset growth in the December issue of Money Fund Intelligence, which goes out to subscribers on Monday morning.

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