Global equity funds see first weekly inflows in seven weeks
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[May 27, 2022] (Reuters)
- Global equity funds saw money inflows in
the week to May 25 as some investors took heart from a rebound in
markets this week, after sharp declines in stock markets in the previous
seven weeks.
According to Refinitiv Lipper, investors bought a net $6.16 billion
worth of global equity funds, marking their first weekly net buying
since April 6.
Graphic: Fund flows: Global equities, bonds and money market -
https://fingfx.thomsonreuters.com/
gfx/mkt/egpbkwqqzvq/Fund%20flows-
%20Global%20equities%20bonds%20and%20money%20market.jpg
The MSCI all country world index has gained over 3% this week, after
slumping about 12.7% in the last seven weeks on worries that aggressive
rate increases to tame inflation could send the global economy into a
tailspin.
The big inflows into global equity funds were also due to the creation
of new shares in the equity exchange-traded funds (ETF), Jefferies said
in a note.
The data showed equity ETFs saw inflows worth $15.76 billion in the
week, the highest in nine weeks.
![](http://archives.lincolndailynews.com/2022/May/27/images/ads/current/werth_sda_PROM_2022.png)
U.S. and Asian equity funds had inflows of $4.61 billion and $1.22
billion, respectively, but European funds attracted just $0.13 billion.
Chinese equity funds obtained $0.58 billion, marking their first weekly
net buying in seven weeks.
Data for sector funds showed industrials drew inflows of $713 million
but financials and tech continued to face outflows, amounting $1.74
billion and $1.44 billion, respectively.
Graphic: Fund flows: Global equity sector funds -
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gfx/mkt/klpykobjepg/Fund%
20flows-%20Global%20equity
%20sector%20funds.jpg
Meanwhile, investors sold a net $9.94 billion of bond funds in the week,
their eight consecutive weekly outflow.
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Investors look at screens showing stock information at a brokerage
house in Shanghai, China January 16, 2020. REUTERS/Aly Song
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Global investors exited short- and medium-term bond funds worth $5.14 billion,
while high yield funds witnessed outflows of $2.18 billion.
However, inflation linked funds obtained $0.59 billion and government bond funds
gained $3.85 billion, posting inflows for a fifth straight week.
Graphic: Global bond fund flows in the week ended May 25 -
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gfx/mkt/zjpqkgodjpx/Global%20bond%20fund%20flows%20in%20the%20week%20ended%20May%2025.jpg
On the other hand, investors purchased $23.13 billion of money market funds
after three weeks of net selling in a row.
Data for commodity funds showed gold and precious metal funds received $1.36
billion after four weeks of net selling but energy funds saw outflows of $29
million.
An analysis of 24,276 emerging market funds showed investors sold $1.5 billion
of bond funds and $332 million of equity funds, marking the seventh weekly
outflow in a row.
Graphic: Fund flows: EM equities and bonds -
https://fingfx.thomsonreuters.com/
gfx/mkt/dwvkrnlqrpm/Fund%20flows-%20EM%20equities%20and%20bonds.jpg
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by
Kim Coghill)
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