Global equity funds experienced net outflows amounting to $19.82 billion for the week ended on June 18. This marks the largest outflow in three months, driven by escalating tensions in the Middle East and persistent uncertainties around U.S. trade policies, which have unsettled investor confidence, according to LSEG Lipper data.
The U.S. equity funds led regional outflows with net sales of $18.43 billion, the steepest in three months. Asia reported outflows of $2.86 billion, contrasting with Europe, which saw net inflows of $640 million. However, equity sectoral funds attracted net inflows of $573 million, continuing a four-week streak.
Investment in tech and industrial sectors showed resilience, with inflows of $1.5 billion and $752 million, respectively, while financial stocks suffered net outflows of around $1.5 billion. Bond funds gained popularity, with global bond funds drawing a net $13.13 billion.
(With inputs from agencies.)
