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Global equity funds see 11th straight week of inflows
Global equities funds recorded cash inflows for the eleventh consecutive week, with an injection of $21.15 billion during the week ending August 5th, driven by a strong earnings season and a decline in oil prices. Data showed that European markets attracted the largest flows, totaling $12.52 billion, while U.S. markets experienced outflows of $1.58 billion. Emerging markets saw the highest inflows in over five months, increasing by $9.26 billion. On the bonds side, global bond funds experienced their largest weekly purchases in three weeks, while gold and precious metals funds continued to attract investors for the fourth consecutive week.
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