(Reuters) -Global equity funds attracted inflows for a second straight week through April 23, supported by signs of a potential de-escalation in the tariff war between the U.S. and China, which boosted demand for riskier assets.<\/p>\n
According to LSEG Lipper data, global equity funds saw a net $9.11 billion inflow during the week after having witnessed a net $5.58 billion worth of net purchases in the previous week.<\/p>\n
The Trump administration is considering lowering tariffs on Chinese imports pending talks with Beijing, a source said on Wednesday, as the U.S. noted this week that China is weighing exemptions for some American goods from its 125% tariffs.<\/p>\n
European equity funds witnessed robust demand as they drew $8.08 billion worth of inflows following $11.79 billion in net purchases in the prior week.<\/p>\n
Investors also snapped up $3.65 billion worth of Asian funds but ditched U.S. funds to the tune of $1.35 billion, much less than $10.44 billion in the previous week.<\/p>\n
Sectoral equity funds, meanwhile, remained out of favor for a fourth successive week as investors pulled a net $1.6 billion out of these funds.<\/p>\n
The financial, consumer staples and healthcare sectors saw major outflows at $1.27 billion, $425 million and $353 million, respectively.<\/p>\n
Meanwhile, global investors bought a net $1.94 billion worth of bond funds following heavy net selling in the previous two weeks as the recent selloff in U.S. bond markets eased somewhat.<\/p>\n
The dollar-denominated mortgage bond funds attracted a net $4.79 billion in inflows after three weekly outflows in a row. Investors also racked up $5.59 billion worth of short-term bond funds but shed a net $1.61 billion worth of high-yield bond funds.<\/p>\n
Global money market funds, meanwhile, saw a net $15.83 billion worth of inflows after a net $113.12 billion worth of weekly selloff a week ago.<\/p>\n
Gold and precious metals commodity funds were popular for an 11th straight week as they gained a net $676 million in net purchases.<\/p>\n
Data covering 29,609 emerging market funds showed weekly outflows from bond funds cooled to a four-week low of $606 million. Equity funds, meanwhile, had a marginal $50 million worth of net selling.<\/p>\n
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Shreya Biswas)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Global equity funds attracted inflows for a second straight week through April 23, supported by signs of…\n","protected":false},"author":2,"featured_media":50615,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[10449,51,1700,27180,16,15],"class_list":{"0":"post-50614","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bond-funds","9":"tag-business","10":"tag-economy","11":"tag-equity-funds","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114401158328640917","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/50614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=50614"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/50614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/50615"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=50614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=50614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=50614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}