LONDON (Reuters) - Investors poured money into equities for the third consecutive week in the latest week, according to data cited by Barclays (LON:BARC) on Friday, as a number of central banks including the Federal Reserve signaled more rate hikes are in the pipeline.
Equity funds received $22 billion of inflows in the latest week, Barclays said citing EPFR data, the largest inflow since November 2022, taking total inflows for the year to close to $50 billion.
Money markets funds saw outflows of $38 billion after seven weeks of inflows, but year-to-date inflows were still around $800 billion, Barclays said.