In examples of an increasingly common move, Touchstone decided to liquidated both
Touchstone Institutional Money Market Fund and Touchstone Money Market Fund, proceeds of the move will be rolled over into a Dreyfus money market.
Data on large time deposits,
institutional money market funds and other large liquid assets are published on a quarterly basis, and are included in the M3 money supply measurement.
U.S. Government Money Market Funds (+ $ 4.5 billion) and
Institutional Money Market Funds (+ $ 2.8 billion) took in the most net new money, while Institutional U.S. Treasury Money Market Funds saw $ 4.3 billion net leave.