Key facts
- Global equity funds saw net inflows of $10.19 billion in the week ended October 28.
- This marks the sixth consecutive week of net purchases for global equity funds.
- Asian equity funds led regional inflows, attracting $9.9 billion.
- US equity funds experienced net withdrawals totaling $6.65 billion.
- Technology sector funds saw inflows of $5.5 billion.
- Money market funds recorded net outflows of $38.5 billion.
Global equity funds experienced substantial inflows for the sixth consecutive week, though the pace slowed to $10.19 billion in the week ended October 28. Demand was boosted by a rebound in AI and chip stocks, particularly SK Hynix following its record quarterly profit, which lifted technology and Asian funds. Investors added $4.54 billion to European funds, but US equity funds saw net withdrawals of $6.65 billion. The technology sector attracted $5.5 billion in inflows. Meanwhile, global bond funds saw inflows cool to $2.72 billion, and money market funds recorded significant outflows of $38.5 billion.