Global equity funds recorded net inflows for a third consecutive week, in the week ended June 10, as investors took advantage of a recent market pullback to increase exposure to technology stocks, betting that the artificial intelligence-driven rally still has room to run, according to LSEG Lipper data.
Global equity funds attracted net inflows of $3.32 billion during the week, sharply lower than the $21.12 billion invested in the previous week.