European funds draw €274bn in Q1 2026

European investment funds attracted €274 billion in net inflows during the first quarter of 2026, according to the European Fund and Asset Management Association (Efama), the trade body. Net assets of Ucits and alternative investment funds (AIFs) increased by 0.5%...

US economy grows 1.6% in 1Q, below estimates

Revised Commerce Department data shows weaker-than-expected growth as inflation indicators accelerated to their highest in years. The US economy expanded at an annualized rate of 1.6% in the first quarter, falling short of estimates, according to revised data released by...