Global equity funds draw inflows for the seventh week on earnings optimism
Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement.
Investors bought a net $4.35 billion of global equity funds during the week, though this was the smallest weekly inflow since March 18, LSEG Lipper data showed.
The MSCI World Index hit a record high of 1,108.94 on Thursday as a rally in technology stocks and strong earnings from chipmaker Advanced Micro Devices boosted sentiment.
LSEG data covering 1,060 MSCI World constituents showed combined first-quarter earnings rose 22% from a year earlier, beating analysts' average forecast by about 6.3%.
Asian equity funds led regional inflows with a net $3.35 billion, while European funds drew a net $1.56 billion. U.S. funds, by contrast, saw net outflows of $2.26 billion.
Among sector funds, investors bought a net $2.83 billion of technology funds but sold a net $2.05 billion of healthcare funds.
Global bond funds saw net inflows of $17.04 billion, the largest weekly addition since February 18.
Dollar-denominated medium-term bond funds stood out, attracting a net $4.58 billion, their biggest inflow since February 2. Euro-denominated bond funds and short-term bond funds drew a net $1.6 billion and $1.5 billion, respectively.
Demand for money market funds was the strongest since January 7, with investors pouring in a net $148.18 billion.
Investors, however, sold a net $1.08 billion of gold and other precious metal funds in a second successive week of outflows.
In emerging markets, investors withdrew a net $63 million from bond funds, ending a four-week run of inflows. Equity funds also recorded net sales of $1.46 billion, data covering 28,871 funds showed.
(Reporting by Gaurav Dogra. Editing by Mark Potter)
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This story was originally published May 8, 2026 at 5:44 AM.