Global equity fund inflows drop on higher US bond yields

Demand for global equity funds shrank in the week through Jan. 1, as higher U.S. Treasury yields led to caution and investors took profits during the year-end trading lull. Data from LSEG Lipper showed that investors added a net $4.93 billion worth of global equity funds, an 86% drop in inflows compared with about $35.1 billion worth of net purchases in the prior week. The MSCI World index, which made a gain of over 15% in 2024, is down 1.5% this week after investors booked some profits following last year’s surge in stock valuations.Read More