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Money market funds head to $1 trillion by 1998
Money market mutual funds are surging with inflows this year and could reach $1 trillion by February 1998. Through last week assets rose to $732 billion, up $111 billion this year, with $43 billion added in 1994. Analysts note shifts from CDs and broader mutual fund growth fueling the trend. funds will hold a large share of corporate and individual liquidity.
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Money Market Insight
Ashland
Mass
Money Fund
Money Market
New York Times News