U.S. money fund outflow slows in latest week

April 8, 2015 7:18 PM

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NEW YORK, April 8 (Reuters) - U.S. money market funds had slower withdrawals in the latest week after booking their biggest outflow in nearly 1-1/2 years the previous week, the Money Fund Report said on Wednesday.

Money fund assets fell $4.92 billion to $2.671 trillion in the week ended April 7. Last week, they declined $44.36 billion, marking the largest single-week drop since the second week of October 2013.

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