Global Equity Funds See Net Inflows for Third Consecutive Week as Investors Buy the Dip in Tech Stocks
Claire Weston
In the week to June 10, global equity funds drew a net $3.2 billion — a third consecutive week of inflows but an 85% drop from the prior week's $21.1 billion. Tech funds' ten-week inflow streak versus emerging markets' seven-week outflow streak maps the clearest trade-off in global capital right now: AI conviction over EM risk.
Equity inflows continued — so why did the pace collapse?
Net inflows hit $3.2 billion, down from $21.1 billion the week before — a roughly 85% drop.
This means → buyers are still present, but the big "buy-the-dip" money already moved in over the prior two weeks; what remains is cautious.
The MSCI World Index had fallen as much as 4.8% from its all-time high of 1,138.3. It has since rebounded about 2.3%, partly on hopes of potential Iran–U.S. talks.
Why have tech funds attracted money for ten straight weeks?
Tech funds pulled in $7.05 billion in the week, extending their streak to ten consecutive weeks of net inflows.
In plain terms = when the market dipped, capital didn't flee tech — it bought more. The bet: the AI-driven rally still has room to run.
UBS Global Wealth Management CIO Mark Haefele said: "For investors who may be underweight the AI supply chain, selectively adding on weakness may be reasonable — underlying indicators of AI demand remain fairly strong."
Financials and industrials also drew inflows of $624 million and $545 million respectively, but at a fraction of tech's scale.
Which regions are gaining capital, and which are losing it?
European equity funds took in $6.74 billion; Asian equity funds, $6.37 billion — both firmly positive.
U.S. equity funds posted a net $12.57 billion outflow, turning negative for the first time in three weeks.
This means → global capital is not "all-in on the U.S." — it is rotating toward Europe and Asia. That doesn't contradict tech's streak: tech is a sector call, not a U.S.-market call.
Why does emerging-market money keep leaving?
EM equity funds shed $3.4 billion; EM bond funds lost $944 million — both marking a seventh straight week of outflows.
In plain terms = tech's ten-week inflow streak and EM's seven-week outflow streak are near mirror images. Capital has made a clear choice between "AI certainty" and "EM risk."
The dataset covers 28,937 funds, a sample large enough to reflect the broader trend.
What are bonds and money markets doing?
Global bond funds drew $18.27 billion, their tenth consecutive week of inflows. Short-term bond funds alone attracted $6.7 billion, the largest weekly haul in three weeks.
Money-market funds saw $18.21 billion in net outflows, reversing the prior week's massive $154.64 billion inflow.
This reflects a shift out of the "parking lot" (money markets) and into bonds and equities — risk appetite is rising at the margin.
Gold and precious-metals funds lost $1.86 billion, their fourth straight week of outflows — safe-haven demand is fading.
Content is for reference only, not financial advice.