Global Equity Fund Inflows Hit Three-Week High on AI Boom
Global equity funds attracted a net 21.44 billion dollars in the week ending June 3 as strong technology earnings and AI enthusiasm drove investor demand. European funds led regional inflows while global money market funds saw their largest weekly net purchase since early January.
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Global equity funds attracted $21.44 billion in net inflows during the week ending June 3, the highest level in three weeks. LSEG Lipper data covering a combined 28,972 funds shows this surge followed strong technology earnings and sustained investor enthusiasm for artificial intelligence. The capital injection helped lift the MSCI World Index to a record high as investors rotated back into growth-oriented sectors.
