About MMF Industry
Money market funds are a global industry, with funds promoted in many countries. Total European money fund assets are in excess of €1 trillion. Assets managed in IMMFA funds are about €630 billion (March 2019).
In the US, assets in SEC Rule 2a-7 money market funds were in excess of US $3 trillion (June 2018)
US money market fund reforms were concluded in October 2016. European money market fund reforms were concluded in March 2019.