The 4th quarter was spectacular for money fund asset growth.
Crane Data's Money Fund Intelligence XLS shows cash funds gaining 12% in the latest quarter alone ($
229 billion). Gargantuan asset gains were seen by
JPMorgan (
up $
21.
0 billion, 14.
2%),
Federated Investors (
up $
17.
1 billion, 13.
2%),
Morgan Stanley (
up $
16.
8 billion, or 31.
1%), and
BlackRock (
up $
16.
5 billion, or 11.
0%).