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Global equity funds attract biggest weekly inflows in eight months

Global equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors. Investors bought global equity funds worth a net $43.15 billion during the week, registering their largest weekly net purchase since November 13, 2024, data from LSEG Lipper showed. While markets remain buoyant, analysts said that equities could face a sharp reversal if the trade tensions potentially flare up again.