Former Italian prime minister Enrico Letta has released today his report on the future of the Single Market. Together with the recent statement of the Eurogroup in inclusive format on the future of CMU, and the upcoming report of Mario Draghi, there is increasing emphasis on EU competitiveness and the need to make urgent progress towards achieving a well-functioning Capital Markets Union to finance Europe’s necessary transitions.

EFAMA has today published its latest Monthly Statistical Release for January 2024.

Thomas Tilley, Senior Economist at EFAMA, commented on the January 2024 figures: “January 2024 saw a continuation of the same trends as in 2023 - strong net inflows into fixed-income funds and ETFs. In comparison, multi-asset and equity funds saw much more subdued, or even negative, demand.”

EFAMA has published its latest International Quarterly Statistical Release for Q4 2023.

Thomas Tilley, Senior Economist at EFAMA, commented on the Q4 2023 figures: “Worldwide money market funds (MMFs) saw record net inflows of almost EUR 1.4 trillion over 2023, with about EUR 1 trillion of these net inflows in the United States. Many US investors were attracted by the higher returns offered by MMFs compared to bank deposits.”