Worldwide mutual fund assets increased 0.3% to $23.02 trillion at the end of 1Q10, according to the Investment Company Institute. Flows into bond funds stood at $169 billion, accounting for more than half of long-term bond flows. 

Net outflows from money market funds nearly doubled, jumping to $406 billion of money withdrawn, from $206 billion in the first quarter. Over the past four quarters, net redemptions from money market funds have averaged $277 billion per quarter.

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