{"id":112311,"date":"2021-02-11T08:23:45","date_gmt":"2021-02-11T08:23:45","guid":{"rendered":"https:\/\/precoinnews.com\/?p=112311"},"modified":"2021-02-11T08:23:45","modified_gmt":"2021-02-11T08:23:45","slug":"global-equity-funds-secure-biggest-inflows-in-two-years-in-week-ended-february-10","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/global-equity-funds-secure-biggest-inflows-in-two-years-in-week-ended-february-10\/","title":{"rendered":"Global equity funds secure biggest inflows in two years in week ended February 10"},"content":{"rendered":"
(Reuters) – Global equity funds led inflows in the week to Feb. 10, bolstered by upbeat corporate earnings and the prospects of a U.S. stimulus package.<\/p> Investors purchased $43.1 billion in equity funds in the past week to Wednesday, the most since at least mid-March 2019, Refinitiv Lipper data showed.<\/p>\n The higher inflows into equity funds come as the MSCI world equity index, which tracks shares in 49 countries, touched a new peaks on Wednesday.<\/p>\n Bond funds also saw a higher inflow of $18.03 billion, the data showed, thanks to rising U.S. Treasury yields.<\/p>\n (GRAPHIC: Fund flows into global equities, bonds and money markets – )<\/p>\n Funds focused on the information technology sector attracted about $7.2 billion in inflows, the biggest since at least mid-March 2019, data for 1,160 tech funds, based on Lipper\u2019s sector classification, showed.<\/p>\n (GRAPHIC: Global fund flows into equity sectors – )<\/p>\n Emerging market funds also attracted heavy inflows in the week. Refinitiv data covering 14,352 emerging-market equity funds and 9,210 emerging-market bond funds showed inflows worth $3.02 billion and $2.9 billion, respectively.<\/p>\n On the other hand, money market funds witnessed $3.3 billion in outflows, signalling that investors were looking to invest in riskier assets during the week.<\/p>\n (GRAPHIC: Fund flows into EM equities and bonds – )<\/p>\n