Global equity funds continued to see robust inflows, with the majority directed to European equity funds, which hit record highs fueled by hopes for peace in Ukraine and a surge in the defense sector due to anticipated increases in military spending. Also, a U.S. inflation report suggesting that the Federal Reserve’s preferred measure of prices might be cooler than anticipated, bolstered stock prices and fund inflows during the week. Investors ploughed a robust $13.35 billion into global equity funds during the week, significantly outweighing $5.32 billion worth of net purchases the previous week, LSEG Lipper data showed.Read More
