{"id":117602,"date":"2021-07-02T12:04:38","date_gmt":"2021-07-02T12:04:38","guid":{"rendered":"https:\/\/fin2me.com\/?p=117602"},"modified":"2021-07-02T12:04:38","modified_gmt":"2021-07-02T12:04:38","slug":"global-equity-funds-see-third-successive-weekly-inflows-lipper","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/global-equity-funds-see-third-successive-weekly-inflows-lipper\/","title":{"rendered":"Global equity funds see third successive weekly inflows- Lipper"},"content":{"rendered":"
(Reuters) – Global investors were net buyers of equity funds for a third successive week in the week to June 30. However, a resurgence of coronavirus cases in Asia and concerns over high inflation levels and their impact on monetary policy capped inflows.<\/p> According to Refinitiv Lipper data, global equity funds received inflows of $14 billion in the week, though the tally was down 35% from the previous week.<\/p>\n European equity funds and U.S. equity funds had inflows worth $6.3 billion and $4.8 billion respectively, while Asian equity funds received only $1.9 billion.<\/p>\n Title: Fund flows into global equities bonds and money markets,<\/p>\n In the Asia-Pacific, Australia is battling small but fast growing outbreaks, while Indonesia is also grappling with record high-cases. Malaysia is set to extend a lockdown and Thailand has announced new restrictions.<\/p>\n Among equity sector funds, tech funds lured inflows of $1.7 billion, the biggest in 11 weeks, while financials saw outflows worth $1.12 billion.<\/p>\n Fears over the spread of the highly infectious Delta virus variant prompted more inflows into more safer debt funds during the week.<\/p>\n The data showed global bond funds received a net $14.8 billion, the biggest since the week ended May 5.<\/p>\n Title: Global fund flows into equity sectors,<\/p>\n Inflows into government bond funds jumped to a four-week high of $3.3 billion, data from 2,981 funds showed.<\/p>\n Meanwhile, money market funds saw outflows of $38.1 billion, their third consecutive week of net sales.<\/p>\n In the commodities space, energy funds recorded a fifth straight week of outflows, while precious metal funds also had outflows for a second consecutive week, with gold prices dipping to a 2-1\/2 month low this week.<\/p>\n An analysis of 23,713 emerging-market funds showed equity funds had net selling worth $1.35 billion, the biggest outflow since mid-September, while bond funds had inflows of $530 million, compared with $1.4 billion worth of outflows in the previous week.<\/p>\n Title: Fund flows into EM equities and bonds,<\/p>\n Title: Global bond funds flows in the week ended June 30,<\/p>\n