Global Equity Funds Draw 28 Billion in Inflows
Global equity funds drew net inflows of twenty-eight billion dollars last week, marking the fifth consecutive week of gains. Falling Treasury yields and strong corporate earnings boosted investor sentiment worldwide. Asian and European markets also saw significant capital allocations.
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Global equity funds drew net inflows of $28.16B during the week through October 21, marking a fifth consecutive week of gains. The expansion compares with $19.88B in the previous period, bolstered by easing bond yields and corporate earnings reports. Investor sentiment strengthened as benchmark borrowing costs declined across major developed markets.
