$49.19 billion inflows into global equity funds on interest rate cut expectations

US equity funds led inflows with USD 36.41 bn, with investments concentrated in technology and financial services.

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Global equity funds saw strong inflows during the week ended October 1, with investors pumping in $49.19 billion, the highest level since November 2024, buoyed by renewed hopes for a interest rate cut by the Federal Reserve after better-than-expected US inflation data and weaker-than-expected jobs data.

Global equity funds saw strong inflows during the week ended October 1, with investors pumping in $49.19 billion, the highest level since November 2024.

U.S. equity funds

In details, U.S. equity funds led the way with net purchases of $36.41 billion, marking the largest weekly inflow in 13 months.

<European and Asian equity funds saw net inflows of $7.36 billion and $3.94 billion, respectively. Technology and financial services companies led the way in sectoral equity funds, posting $4.15 billion and $3.43 billion.

Technology and financial services companies led the way in sectoral equity funds, posting $4.15 billion and $3.43 billion.

Global bond fund flows

Despite a decline in global bond fund inflows global bond to $6.06 billion, euro-denominated bond funds and high-yield bond funds attracted $7.37 billion and $2.41 billion, while short-term bond funds saw outflows of $8.52 billion after 13 weeks of inflows.

Inflows.

Money Market Funds

Money market funds benefited from net investments of $8.84 billion and gold and precious metals funds recorded inflows of $4.66 billion for the sixth consecutive week.

Money market funds also benefited from net investments of $8.84 billion and gold and precious metals funds recorded inflows of $4.66 billion for the sixth consecutive week. Among U.S. equity funds, large-cap companies recorded net inflows of $40.75 billion, the highest level since 2022, while small- and mid-cap funds saw outflows of $2.59 billion and $2.28 billion.

Money market funds benefited from net inflows of $8.84 billion, and gold and precious metals funds recorded net inflows of $4.66 billion for the sixth consecutive week.