Global Equity Funds Attract Strong Inflows Amid European Stock Surge and Softening US Inflation

Reported about 22 hours ago

Global equity funds have experienced significant inflows, particularly in European markets, driven by optimism regarding peace in Ukraine and an uptick in defense spending. This week, investors contributed $13.35 billion to global equity funds, up from $5.32 billion the previous week, with European equity funds receiving a record high of $8.55 billion. Additionally, the cooling US inflation reported has further propelled stock prices and investor confidence.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis