ET 11:42

AI Rally Lifts Global Equity Funds to $458 Million Net Inflow, Reversing Prior Week's Outflow

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Narrative

Global equity funds attracted $458 million in net inflows during the week ended May 27, 2026, reversing the prior week's $6.56 billion outflow, as the artificial intelligence boom bolstered risk appetite. The MSCI World Index hit a record 1,129.06 points intraday Friday, buoyed by Nvidia's (NVDA) upbeat forecast for its flagship AI chips that extended a tech stock rally. Investor optimism was tempered by the pending final approval of a U.S.-Iran ceasefire extension agreement, with some funds staying on the sidelines. U.S. equity funds led with $1.97 billion in net inflows, followed by Europe at $678 million, while Asian funds shed $3.92 billion. Technology sector funds dominated, gathering $4.98 billion, and financials added $1.05 billion. Bond funds attracted $18.15 billion, marking an eighth consecutive weekly inflow. Money market funds saw $4.46 billion in outflows, signaling a shift toward riskier assets. Precious metals funds lost $584 million.

EditorJack Lee