Global equity funds drew their largest weekly inflows in three weeks, backed by strong Q2 corporate earnings, before rising bond yields and oil prices triggered a late-week selloff.
📌 Key Numbers & Fund Flow Highlights:
- $22.01 Billion Net Inflows: Largest weekly gain for global equity funds since late July.
- +39.7% YoY Net Income: Strong corporate earnings growth across ~90% of MSCI World companies reporting Q2 results.
- $11.72 Billion to U.S. Equities: U.S. led regional inflows, followed by Europe (+$4.70B) and Asia (+$2.96B).
- $15.42 Billion into Bond Funds: 20th consecutive week of bond inflows, led by hard-currency (+$4.49B) and short-term debt (+$3.32B).
💡 Asset Class Breakdown:
- Sector Equity: Tech funds rebounded with +$1.55B in inflows as investors awaited Nvidia earnings; gold/precious-metals funds saw +$536M; financial funds lost -$1.59B.
- Commodities: Precious metals funds drew +$2.04B (6-week streak), while energy funds posted -$146M in net outflows.
- Emerging Markets: Demand held strong for a 6th straight week, attracting +$1.57B in equity and +$493M in bond inflows.