Global Equity Funds See 11th Straight Weekly Inflow at $21.2 Billion
Global equity funds attracted $21.2 billion in the week to August 5, extending the streak of weekly inflows to 11, with European funds leading the surge.
Investors poured another $21.2 billion into global equity funds during the week ending August 5, according to flow data. This marks the 11th consecutive weekly inflow, following $27.7 billion the previous week.
European equity funds led with $12.5 billion in inflows—the highest weekly sum since July 8. Asian funds drew $8.2 billion, while US-focused funds experienced $1.6 billion in net outflows.
Since the start of June, global equity funds have accumulated $215 billion in total inflows, signaling strong investor confidence in stocks worldwide.
Source: The Kobeissi Letter