Global equity funds attract fourth weekly inflow amid Fed easing hopes

Global equity funds posted their fourth straight weekly inflow of about $2.17 billion through October 15, led by U.S. and Asian markets as optimism over potential Federal Reserve rate cuts grew. Technology and healthcare sectors dominated inflows, while European equity funds ended a ten-week buying streak with $1.62 billion in outflows. Bond fund inflows fell to a 16-week low as investors rotated back toward equities. Emerging-market funds turned negative, highlighting uneven sentiment across global markets ahead of upcoming macro data.