Global equity funds draw inflows for second week as AI optimism holds
LSEG Lipper said investors added $34.76 billion to equity funds as AI spending hopes and softer US inflation lifted demand for stocks.
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The Economic Times
Times of IndiaGlobal equity funds draw $34.76 billion, log second straight week of inflows
Global equity funds attracted $34.76 billion in the week through September 30, marking a second straight week of inflows as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond. US, European and Asian equity funds all saw inflows, while emerging-market equity funds posted outflows for a fourth consecutive week.
US equity funds post second weekly inflow as AI optimism tempers yield concerns
Oct 2 (Reuters) - US equity funds recorded inflows for a second consecutive week through September 30, as continued enthusiasm over artificial intelligence and a cooler-than-expected inflation reading tempered concerns over rising Treasury yields. In...
Channel News Asia
PressNewsAgencyGlobal equity funds draw inflows for second week as AI optimism holds
Oct 2 : Global equity funds attracted inflows for a second straight week, as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond yields.Equity funds recorded net inflows of $34.76 billion in the week through September 30, down from $44.31 billion in t
Investment in artificial intelligence and more moderate U.S. inflation supported inflows to global equity funds, although money came out of technology and emerging market funds.
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