Global Equity Fund Inflows Reach Seven-Week High on European Demand
European funds led global equity fund inflows in the week to November 11. Net inflows into European funds totaled $35.13 billion, the largest weekly total since June 2021, supported by strong earnings and lower crude oil prices.
European funds led inflows into global equity funds in the week to November 11, supported by strong earnings and lower crude oil prices, despite a recent selloff in US technology stocks.Net inflows of $35.13 billion into European funds — the largest weekly total since June 2021 — helped lift total…