Assets in money market funds continued their steady climb last week, fueled by gains in both retail and institutional portfolios.

As of Aug 16, money market funds in the United States held $733.26 billion, a jump of almost $3 billion from the previous week and another all-time record, according to the Investment Company Institute, the Washington-based trade group of the fund industry.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.