Global Equity Funds Post Seventh Week of Inflows
Global equity funds secured thirty eight billion dollars in net purchases during their seventh consecutive week of inflows. Falling energy prices and steady interest rates from major central banks boosted investor demand across European and American markets.
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Global equity funds attracted $38.63 billion in net inflows through November 4, marking a seventh consecutive week of capital gains. The surge comes as central banks held interest rates steady despite market pullbacks across the United States and Asia. Investors drove inflows to their highest weekly level since September 23, according to LSEG Lipper data covering 29,229 funds.
