Global Equity Funds Draw Third Weekly Inflow as Investors Buy Market Dip
Global equity funds received $3.32 billion in net inflows for the third consecutive week through June 10, as investors added exposure to technology stocks amid a market selloff. The MSCI World Index fell 4.8% from its recent high but recovered roughly 2.3% on renewed geopolitical optimism, with tech funds continuing their strong momentum with $7.05 billion in inflows. This reflects investor confidence in the AI-driven rally despite near-term market volatility.
Global equity funds attracted $3.32 billion in net inflows for the third straight week through June 10, according to LSEG Lipper data, though this represents a significant slowdown from the prior week's $21.12 billion. Investors used a market correction—the MSCI World Index fell as much as 4.8% from its record high—to add exposure to technology stocks, with tech funds drawing $7.05 billion in their tenth consecutive week of inflows. Regional performance varied, with European and Asian funds receiving $6.74 billion and $6.37 billion respectively, while U.S. funds recorded their first weekly outflows in three weeks at $12.57 billion. Bond funds continued their strong run with $18.27 billion in net inflows for the tenth straight week, while emerging markets faced continued pressure with $3.4 billion in equity fund outflows for the seventh consecutive week. Investment strategists cited expectations that the AI-driven rally would continue, with UBS Global Wealth Management's chief investment officer recommending selective additions to AI supply chain exposure on weakness.
What different sources said
- Channel NewsAsiaCenter
Global equity funds draw third weekly inflow as investors buy the dip
- Yahoo FinanceCenter
Daily ETF Flows: $481M Flows Into AMDL
Related
SpaceX Completes Historic $75 Billion IPO, Largest in History
SpaceX went public on Friday in the largest initial public offering ever, raising $75 billion at $135 per share and valuing the company at approximately $1.75 trillion. The IPO is expected to make Elon Musk the world's first trillionaire, with his net worth currently at $982.6 billion before the offering. The offering reflects investor confidence in SpaceX's ambitious plans for space-based data centers, AI infrastructure, and broader space economy development, despite the company posting an $8.7 billion loss between early 2025 and March 2026.
Federal Reserve Rate Cut Expectations Pushed to 2027 as Inflation Concerns Persist
Economists and market observers have shifted their expectations, with the Federal Reserve now unlikely to cut interest rates in 2026 and cuts potentially delayed until 2027, according to recent surveys and economic analysis. This reversal from earlier 2026 expectations reflects stronger-than-anticipated economic data including robust job reports, strong business profits, and persistent inflationary pressures from geopolitical disruptions and supply chain factors. The timing of rate cuts matters significantly for housing markets, consumer borrowing costs, and overall economic growth.
India's Retail Inflation Rises to 3.93% in May, Driven by Food and Fuel Costs
India's consumer price inflation accelerated to 3.93% in May 2026, up from 3.48% in April, according to government data released Friday. The increase was primarily driven by higher food prices, with food inflation reaching 4.78%, while global energy disruptions pushed fuel costs higher. The rate remains below the Reserve Bank of India's 4% target, though the RBI has raised its full-year inflation projection to 5.1% due to mounting input costs.