Overview
- A net $2.65 billion was withdrawn from global equity funds in the week ending October 30, marking the first outflow since September 25.
- U.S. equity funds saw a significant outflow of $5.83 billion, the largest in five weeks, as election polls show a tight race between Kamala Harris and Donald Trump.
- While global equity funds faced outflows, Asian equity funds attracted about $4 billion in net purchases.
- Investors continued to favor global bond funds, with a net inflow of $14.14 billion, marking the 45th consecutive week of net purchases.
- Sectoral shifts included outflows from industrials, healthcare, and precious metals, while consumer discretionary and utilities saw net inflows.