Global equity funds saw net purchases totalling $15.02 billion in the week ending April 1, extending a run of investor inflows for a second consecutive week. The prior seven-day period had recorded larger inflows of roughly $40.14 billion, according to LSEG Lipper data.
Investor appetite for U.S. equities remained pronounced in the most recent week, with net inflows into U.S. equity funds of $7.05 billion. That followed a substantially larger $36.95 billion of net buying in the prior week. European and Asian equity funds also enjoyed net purchases, receiving $3.25 billion and $2.96 billion respectively in the March 26-April 1 window.
At the same time, fixed income funds experienced significant redemptions. Investors withdrew a net $19.58 billion from bond funds in the most recent week, a shift that made them weekly net sellers for the first time since December 31, 2025. Within that broader outflow, high-yield bond funds saw net withdrawals of $5.1 billion, while euro-denominated bond funds lost about $3 billion of investor money.
Money market funds continued to face selling pressure, as investors pulled $16.93 billion for the second straight week of net redemptions.
Commodities linked to precious metals showed a modest reversal of selling, with gold and other precious metals funds receiving net purchases of $78.33 million in their first weekly inflow since February 25.
Emerging market assets remained out of favour. Global emerging market bond funds saw net withdrawals of approximately $3.29 billion, while emerging market equity funds experienced net redemptions of about $1.98 billion, marking the fourth consecutive week of outflows from those asset classes. The data referenced covers a combined 28,838 funds.
Geopolitical developments were reflected in investor positioning. The report noted heightened tensions between the U.S., Israel and Iran, and referenced actions by U.S. President Donald Trump over the weekend that increased pressure on Iran - including a threat to target its power plants and bridges on Tuesday if the strategic Strait of Hormuz is not reopened. Despite those warnings, investors continued to add to global equity exposures during the week.
The weekly flows show a combination of renewed interest in equities, persistent redemptions from bond and money market funds, and ongoing caution toward emerging market assets.