Global equity funds see fifth week of inflows
Global equity funds experienced net inflows of $28.16 billion for the fifth consecutive week, supported by declining U.S. Treasury bond yields and strong corporate earnings during the earnings season, boosting investor confidence. Meanwhile, Asian stocks attracted $11.53 billion, European stocks drew in $9.14 billion, and American stocks received $5.07 billion. The technology sector saw an increase of $5.05 billion, followed by the health sector. Bond funds also continued to attract capital for the fifth week, amounting to $9.44 billion, with robust inflows into Swiss franc bonds and money markets, totaling around $15.86 billion. Companies reporting better-than-expected results remain one of the key factors motivating investor activity, despite last week’s 1.31% decline in the MSCI Global Index amid concerns over Meta's plans to issue non-voting shares.
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