Global equity fund inflows hit three-week high before late selloff

Global equity funds drew $22.0B (largest weekly inflow since July 29) as earnings optimism ran high — about 90% of MSCI World companies have reported and combined net income rose ~39.7% year‑on‑year, with investors also eyeing Nvidia’s results.
Still, markets finished the week sharply lower (the steepest drop since mid‑July) as rising government bond yields, higher oil prices and renewed inflation worries hit equity valuations.
Investors kept piling into safer assets: bond funds saw a 20th straight week of inflows ($15.4B) and gold/precious‑metals funds extended inflows to six weeks.