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Global equity funds receive biggest money inflow in four weeks

Global equity funds receive biggest money inflow in four weeks
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U S equity funds see biggest weekly inflow in seven weeks -Lipper

U S equity funds see biggest weekly inflow in seven weeks -Lipper
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Global equity funds receive biggest money inflow in four weeks - Lipper

By Reuters Staff 2 Min Read (Reuters) - Global investors continued to buy equity funds in the week ended May 12, driven by hopes of an economic rebound and expectations of faster vaccine rollouts to curb the pandemic. FILE PHOTO: A nearly empty trading floor is seen at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid/File Photo According to Refinitiv data, global equity funds received $15.1 billion worth of inflows, the biggest in four weeks. However, the inflows mainly involved cyclical stocks, while growth funds, which invest in fast-expanding sectors such as tech, faced outflows on concerns over rising inflation levels. (Graphic: Fund flows into global equities bonds and money markets, )

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Global IPOs breach all-time record on U S SPAC boom, flurry of tech listings

Global IPOs have hit a record high this year in terms of both money raised through share sales and the volume of listings, bolstered by a strong equity rally, and fiscal and monetary stimulus measures.

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BNP Paribas : Upgrades of Asian corporate earnings at highest in 5 months - Refinitiv data

Message : Required fields May 10 (Reuters) - Analysts in April hiked 12-month earnings estimates for Asian companies by the largest amount in five months, data showed, as manufacturing activity and demand for the region s exports rose. Analysts lifted forward 12-month earnings by 3.2% in April, the highest since December, according to Refinitiv data. The big upgrades came as regional economies such as South Korea, Taiwan and Vietnam saw an increase in factory output and shipments thanks to a rise in demand from developed economies which are making a fast recovery from the coronavirus crisis. Manishi Raychaudhuri, head of Asia-Pacific equity research at BNP Paribas, said remote working and accelerating adoption of

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