Key facts
- US equity funds saw inflows of $5.07 billion in the week to Oct. 21.
- Inflows declined 62% from $13.37 billion the prior week.
- Easing Treasury yields and strong corporate earnings supported investor sentiment.
- Caution over the AI trade capped weekly net purchases.
- US large-cap funds attracted $8.63 billion, mid-cap funds $1.92 billion.
- Small-cap funds saw outflows of $4.24 billion.
US equity funds attracted inflows for a second consecutive week in the seven days to October 21, with $5.07 billion recorded, a significant drop from the $13.37 billion seen the week prior. Easing Treasury yields and strong corporate earnings provided some support, but investor caution regarding the artificial intelligence trade limited overall purchases. Large-cap funds saw $8.63 billion in inflows, while mid-cap funds attracted $1.92 billion. However, investors withdrew $4.24 billion from small-cap funds. Sectoral funds, including metals and mining, technology, and industrials, also saw inflows. US bond funds experienced outflows of $969 million, ending a long streak of purchases, while money market funds attracted $14.82 billion.