Lipper

Global equity fund inflows at 3-week high as AI optimism boosts sentiment

Global equity fund inflows at 3-week high as AI optimism boosts sentiment June 5 : Global equity fund inflows surged to a three-week high in the week to June 3 as a set of robust earnings in the technology sector and investor enthusiasm over the AI boom bolstered demand. According to LSEG Lipper data, global equity funds attracted a net $21.44 billion during the week, the largest amount since May 13. Dell and HP reported blockbuster results and rallied 42.6 per cent and 7.1 per cent,...