Global Equity Funds Inflows Second Straight Week Reach $34.76 Billion
Global equity funds attracted $34.76 billion in the week through September 30, marking a second straight week of inflows as investors responded to optimism around artificial intelligence spending and softer US inflation. The latest inflow was lower than the $44.31 billion recorded in the previous week, according to LSEG Lipper data.
The global equity funds inflows for the second straight week came as investors continued to favour stocks across major regions despite rising bond yields. US, European and Asian equity funds all recorded net purchases during the week.
US equity funds led regional inflows with $20.6 billion, marking a second consecutive week of buying. European equity funds received $6.19 billion, while Asian equity funds attracted $6.16 billion.
Meanwhile, US inflation data for August showed price growth rising less than expected, while July figures were revised lower. The softer readings reduced pressure on the Federal Reserve to consider another rate increase in October.
The global equity funds inflows for the second straight week show continued investor demand for stocks, although the pace of buying slowed from the previous week. Sector funds presented a more mixed picture, with net outflows of $919.7 million.
Technology funds accounted for $2.63 billion of withdrawals after three consecutive weeks of inflows. Financial funds attracted $1.13 billion, while utility funds received $468 million.
Global bond funds also recorded a second consecutive week of inflows, attracting $4.76 billion. However, the figure was well below the $9.24 billion received in the previous week.
Emerging markets remained under pressure, with equity funds recording $1.37 billion in outflows for a fourth consecutive week. Emerging-market bond funds also saw $1.75 billion withdrawn.
Money market funds recorded an even larger movement, with net outflows of $116.52 billion, the biggest weekly withdrawal since April 15.
The global equity funds inflows for the second straight week highlight how AI spending expectations and US inflation trends are shaping investor demand, while flows across bonds, commodities and emerging markets show a more uneven investment picture.
