ICI's "Worldwide Mutual Fund Assets and Flows, Third Quarter 2012" says, "Mutual fund assets worldwide increased 5.2 percent to $26.05 trillion at the end of the third quarter of 2012, the highest level since the fourth quarter of 2007.... Flows into bond funds totaled $187 billion in the third quarter, up from net inflows of $163 billion in the previous quarter. Outflows from money market funds were $11 billion in the third quarter of 2012, down from the $39 billion of net outflows registered in the second quarter of 2012.... The global outflow from money market funds in the third quarter was driven predominately by the outflows of $39 billion in Europe, while the Americas registered inflows of $31 billion in the third quarter." According to a Crane Data analysis of ICI's data, the U.S. remained the largest money fund market in Q3'12 with $2.551 trillion, followed by France ($481 billion), Ireland ($385 billion), Luxembourg ($353B), Australia ($342B), Korea ($60B), China ($57B), Mexico ($56B), Brazil ($45B), and Canada ($32B). The U.S. showed the largest increase in Q3 (up $37.4B), followed by Australia (up $17.2B), Ireland (up $11.6B), and Liechtenstein (up $6.7B). The biggest declines were in Luxembourg (down $7.7B), Italy (down $2.6B), Chile (down $2.3B), and France (down $2.2B). Let us know if you'd like to see our latest spreadsheet showing the Largest Money Fund Markets Worldwide.

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