Global equity funds led investment inflows in week to Feb. 17 - Lipper

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Global equity funds led investment inflows in the week to Feb. 17, as fund investors favoured riskier assets on optimism over the coronavirus vaccine roll-outs and expectations of a massive U.S. stimulus package.

FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Global bond funds also attracted about $19.5 billion, helped by heavy inflows into shorter-dated bonds and inflation-linked debt. Meanwhile, some investors stuck to their holdings in energy funds due to a recent rise in oil prices, driven by a historic freeze in the south of the United States which has hit production.Energy funds saw their lowest investment outflow in 8 weeks in the week ending Feb. 17, but precious metal funds had their second consecutive week of outflows.

Emerging market equity funds also attracted heavy inflows in the week. Refinitiv data covering 13,812 emerging market equity funds showed inflows worth $2.52 billion.

 

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