Europe attracts money funds, but France on short leash

The top 10 US money market fund managers put money to work in short-term French and German government agency debt in February, part of a bigger move into core Europe that is likely to endure in coming months, say investors and analysts.
Germany saw an inflow of about $15.1 billion from the fund managers, an increase of about 21 percent. France gained about $13.9 billion, an increase of about 18 percent. No other countries saw as large an inflow, according to a Reuters analysis of money market fund flow data provided by iMoneyNet.