skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Informa pharma logo

Financial Intelligence is part of the Informa Intelligence Division of Informa PLC

This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IFI Logo
Search Icon RecommendationseCommerce StoreProduct loginProductLogin
Global Search Configuration
U.S. dollar-denominated Prime fund assets jumped $16.59 billion for the week ended 6 Jan., according to iMoneyNet, an Informa Business Intelligence Inc. company.

USD fund assets overall rose by $13.75 billion to $424.11 billion. USD Prime fund assets increased $16.59 billion to $298.54 billion. However, USD Government fund assets were down by $2.84 billion to $125.57 billion.

Total Euro fund assets increased €153.0 million to €91.27 billion. Euro Prime fund assets were up by €187.4 million to €90.92 billion while Euro Government fund assets fell €34.4 million, lowering their total to €356.7 million.

Sterling-denominated fund assets climbed £6.54 billion to £179.77 billion. Sterling Prime fund assets were up by £6.54 billion to £175.87 billion. Sterling Government fund assets declined £7.6 million to £3.91 billion.

The iMoneyNet Money Fund Average™/All USD 7-Day Simple Yield remained at 0.61 percent. The iMoneyNet Money Fund Average™/All Euro 7-Day Simple Yield declined to -0.49 percent from -0.48 percent the week before and the iMoneyNet Money Fund Average™/All Sterling 7-Day Simple Yield slipped to 0.19 percent from 0.20 percent the previous week.

There were 243 USD funds, 118 Euro funds, and 174 Sterling funds reporting. iMoneyNet has tracked non-U.S. money-funds since 1999, U.S. taxable MMFs since 1975, and U.S. tax-free funds since 1981.

For Media members only: To receive a weekly Offshore Money Fund Report™ data summary by e-mail, send request to mkrasner@imoneynet.com.

Recommended Articles

  • iMoneyNet - Money Market Fund Analysis

    This week's issue of Money Fund Report

    06 Apr 2020

    iMoneyNet was among the first to report that a consortium of business associations and asset managers have appealed to the U.S. Federal Reserve to include a broader range of commercial paper issuers – specifically those designated as T2 – in the Fed’s new Commercial Paper Funding Facility. In a March 31 letter to Fed Chair Jerome Powell and reported in iMoneyNet’s Money Fund Report on Wednesday, the consortium members asserted that T2 CP issuers are entirely “investment grade” and present a default rate only “infinitesimally” greater than their T1-rated peers.

    Topics Industry News

    Read Blog

  • iMoneyNet - Money Market Fund Analysis

    MMF Assets Up for Eighth Consecutive Quarter

    22 Jan 2020

    Final data for the fourth quarter of 2019 show that assets in U.S. money-market funds increased for the eighth consecutive quarter, confirming preliminary numbers in last week’s Money Fund Report (#2300) that assets in all funds as well as in key Retail and Institutional fund categories for the year just ended increased dramatically, outpacing recent years and positioning the money-fund industry to prosper in the 12 months ahead. Assets in all U.S. funds ended the year at $3,581.4 trillion, a four-quarter increase of $588.4 billion, or 19.7 percent, as the table below shows. Between the third and fourth quarters, all assets increased by 5.5 percent. Taxable funds fared better, growing by $596.0 billion to $3,441.1 trillion, a yearly jump of 20.9 percent, and a Q3-to-Q4 growth of 5.6 percent. For more money-market analysis and insights, reach out to us for more information or a tour of our solutions.

    Topics Industry News

    Read Blog
;

Any questions? Speak to a specialist

Would you like to request sample data or analysis from Informa Financial Intelligence? 

Request a callback
See how our tailored solutions can help you gain a competitive advantage: 
Request a demo