Key facts
- Global equity funds received $22.01 billion in net inflows in the week ending August 19.
- This was the largest weekly inflow for equity funds in three weeks.
- Strong corporate earnings and demand for AI infrastructure fueled investor optimism.
- U.S. equity funds led regional inflows with $11.72 billion.
- Bond funds saw their 20th consecutive week of net inflows, totaling $15.42 billion.
- Rising bond yields and oil prices contributed to a late-week selloff in global stocks.
Global equity funds experienced their largest weekly inflows in three weeks, drawing $22.01 billion as investors bet on a robust earnings season. This positive sentiment, however, was tempered by rising bond yields and oil prices, which contributed to a broad market selloff later in the week.
Approximately 90% of MSCI World companies had reported second-quarter results, with combined net income up 39.7% year-over-year, fueling investor optimism. U.S. equity funds saw the largest regional inflows at $11.72 billion, followed by European funds ($4.70 billion) and Asian funds ($2.96 billion).
Within sectoral funds, technology attracted $1.55 billion, while financial sector funds saw outflows of $1.59 billion. Gold and precious-metals funds continued their inflow streak, attracting $2.04 billion, while energy funds posted outflows of $146 million.
Bond funds extended their buying streak to 20 consecutive weeks with $15.42 billion in inflows. Money market funds saw inflows of $3.71 billion, a three-week low. Emerging market equity funds also remained in demand, attracting $1.57 billion.