Global Equity Funds Extend Inflow Streak to 12 Weeks as Earnings Optimism, Reduced Rate-Hike Bets Lift Sentiment

3-line summary

• Global equity funds attracted inflows for a 12th consecutive week through August 12, with investors buying a net $18.62 billion, according to a Reuters report via Yahoo Finance citing LSEG Lipper data.
• European equity funds drew $13.52 billion, their largest weekly inflow since July 8, while US and Asian equity funds attracted $2.58 billion and $4.13 billion respectively; the MSCI All-Country World Equity Index hit a record high of 1,163.05 during the week.

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