Global equity funds drew a net $49.23 billion in inflows during the week to July 8, marking their largest weekly inflow since June 17, according to LSEG Lipper data.
Investment Trends
The technology sector garnered significant interest, with funds attracting $11.49 billion in inflows, up by more than a quarter from $8.88 billion the previous week. Financials and industrials also drew notable inflows, at $1.52 billion and $789 million, respectively.
By region, U.S. equity funds drew $24.97 billion in inflows, the largest in three weeks. Investors also bought $13.67 billion and $6.95 billion worth of European and Asian funds, respectively.
Inflows into global bond funds, at $31.34 billion, were meanwhile the largest since at least 2019. Short-term bond funds, euro-denominated bond funds, corporate bond funds, and government bond funds recorded notable weekly net purchases of $7.19 billion, $3.87 billion, $2.92 billion, and $2.73 billion, respectively.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
