Jan 30 (Reuters) – Global equity funds had a third straight week of inflows in the week to January 28 on upbeat earnings expectations, while safe-haven assets like gold and bond funds also saw solid demand amid uncertainty over potential U.S. tariff moves under President Donald Trump.
Global equity funds attracted $33.39 billion worth of inflows in the week, compared with about $9.5 billion worth of inflows in the previous week, LSEG Lipper data showed.
By region, European equity funds led with $11.03 billion worth of inflows, the largest amount in three weeks. Investors also added $10.73 billion and $6.95 billion to U.S. and Asian funds respectively.
Among sectoral funds, industrial, tech, and metals and mining funds were the top gainers with weekly inflows of $3.04 billion, $2.7 billion and $2.24 billion, respectively.
Global bond funds had roughly $18.02 billion worth of net investments as investors extended their recent run of net purchases into a fourth successive week.
Short-term bond funds were popular, securing approximately $3.8 billion, the largest amount in three weeks. Investors also added corporate bond funds of a significant $3.45 billion.
Money market funds witnessed $10.31 billion in net inflows, with investors turning net buyers after two successive weeks of net sales.
The gold and precious metals commodity funds attracted a net $2.25 billion weekly net investment, the largest amount for a week since December 24.
Emerging market (EM) equity funds attracted $12.63 billion in net inflows last week, the largest since at least 2022, lifted by their cheaper valuations and growth prospects. EM bond funds also had a net $3.51 billion worth of weekly inflows.
(Reporting by Gaurav Dogra. Editing by Jane Merriman)
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