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Money Fund Assets Rebound, Says ICI, Following Tax-Related Outflows. Total money market mutual fund assets rose by $11.8 billion in the latest week (5/2) follwing a two-week decline, according to the Investment Company Institute's weekly statistical release. Retail money fund assets continue to be impacted by April 15-related outflows; these funds lost $4.1 billion, dropping back to just below $1.0 trillion. Institutional fund assets increased by $15.9 billion to $1.45 trillion. Total money fund assets stand at $2.45 trillion, up $64 billion year-to-date (2.7%) and up $408 billion, or 20%, over the past 52 weeks.
