Global equity fund inflows rise on European stock rally

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FE Team | Published: February 22, 2025 22:29:29

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Global equity funds continued to see robust inflows, with the majority directed to European equity funds, which hit record highs fueled by hopes for peace in Ukraine and a surge in the defense sector due to anticipated increases in military spending, reports Reuters.
Also, a US inflation report suggesting that the Federal Reserve's preferred measure of prices might be cooler than anticipated, bolstered stock prices and fund inflows during the week.
Investors ploughed a robust $13.35 billion into global equity funds during the week, significantly outweighing $5.32 billion worth of net purchases the previous week, LSEG Lipper data showed.
European equity funds received $8.55 billion, the highest since mid-December 2024, with the pan-European STOXX 600 index rising about 8.5 per cent so far this year.
Asian and US equity funds also saw net $2.41 billion and $1.59 billion worth of inflows, respectively.
Global bond funds attracted an eighth consecutive weekly inflow, totaling $17.91 billion.