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Money market fund assets rose to $2.665 trillion

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NEW YORK (AP) — Total U.S. money market mutual fund assets rose $28.39 billion to $2.665 trillion for the week that ended Wednesday, according to the Investment Company Institute.

Assets of the nation’s retail money market mutual funds rose $9.45 billion to $929.23 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category rose $6.82 billion to $728.61 billion. Tax-exempt retail fund assets rose $2.63 billion to $200.62 billion.

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