Money market funds attracted EUR 136 billion in net new money, the largest inflow ever observed on a quarterly basis. These high net inflows indicate that many investors still took a wait-and-see attitude during Q2 2020, not knowing how the Covid-19 pandemic will further impact the world economy.
Use of the graphic & text with friendly courtesy of the:
European Fund and Asset Management Association
Source: EFAMA: Trends in the European Investment Fund Industry in the Second Quarter of 2020, page 1. Download report HERE.