Reported about 13 hours ago
Global equity funds encountered their lowest weekly inflows in a month, with only $856 million in new investments during the week ending May 7, compared to $6.13 billion the previous week. European equity funds continued to attract substantial investment, netting $12.81 billion, while U.S. funds faced outflows for the fourth week in a row. In contrast, global bond funds surged, achieving inflows of $11.4 billion, their highest in nine weeks, as investors shifted their focus amid ongoing concerns about U.S.-China trade discussions.
Source: YAHOO