Key facts
- Global equity funds drew $38.63 billion in the week through November 4, the largest weekly inflow since September 23, per LSEG Lipper.
- European equity funds took in $13.25 billion, their largest weekly intake since August 12.
- US equity funds drew $14.81 billion and Asian equity funds $8.34 billion in the same week.
- Global money market funds attracted $172.71 billion, the largest weekly inflow since April 2020.
- Technology-sector funds drew $623.61 million, a three-week low, while healthcare funds took in $1.33 billion.
- Emerging market equity funds drew $1.91 billion, a fifth straight week of inflows, while EM bond funds lost $299.07 million.
Global equity funds attracted $38.63 billion in net inflows in the week through November 4, a seventh consecutive weekly inflow and the largest since September 23, according to LSEG Lipper data covering 29,229 funds.
By region, European equity funds drew $13.25 billion, their largest weekly intake since August 12, while US and Asian equity funds took in $14.81 billion and $8.34 billion respectively. The report attributed the European demand partly to falling oil and natural gas prices, which it said had raised European inflation since the Iran war began. Brent crude futures had fallen about 15.6% over the week, it said.
Equity benchmarks diverged over the same stretch: the STOXX 600 edged up 0.05%, while the MSCI All Country World Index fell 2.91% and the MSCI All Country ex-Japan Asia Pacific Index dropped 4.69%. The report linked the US and Asian declines to concerns over AI build-out costs.
Technology-sector funds drew $623.61 million, a three-week low, while healthcare and financials took in $1.33 billion and $1.2 billion. Global bond funds drew $9.91 billion, their largest weekly inflow since October 7, including $3.07 billion into government bond funds, $2.02 billion into high-yield funds, $2 billion into euro-denominated funds and $1.52 billion into short-term funds. Money market funds attracted $172.71 billion, the most since April 2020.
Commodity funds saw $269.79 million into gold and other precious-metal funds, partly reversing $1.54 billion of outflows the week before, and $327.31 million into energy funds, a third straight weekly inflow. Emerging market equity funds drew $1.91 billion, a fifth straight week of inflows, while emerging market bond funds lost $299.07 million.