Global equity funds attract inflows for sixth week on earnings optimism
Orientul Mijlociu
May 4 : Global equity funds drew inflows for a sixth straight week through April 29, as optimism over strong first-quarter earnings outweighed investor concerns about the Middle East conflict and higher oil prices. According to LSEG Lipper data, global equity funds attracted a net $18.91 billion during the week, following a hefty $48.67 billion of net inflows the previous week. The MSCI World Index hit a record high of 1,084.69 last week after several major U.S. tech companies and South Korean
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