AI chip demand sparks a rally in tech stocks, with global equity funds seeing a weekly net inflow of $458 million, while bond funds record eight consecutive weeks of inflows.

⑴ As of the week ending May 27, global investors made a net purchase of $458 million in equity funds, reversing the previous week's net outflow of $6.56 billion. The rise in AI-related stocks revived demand, but cautious sentiment triggered by US-Iran negotiations limited buying.⑵ The MSCI Global Index hit an intraday record high of 1129.06 points on Friday. US equity funds recorded a net inflow of $1.97 billion, European funds saw a net inflow of $678 million, while Asian funds experienced a net outflow of $3.92 billion. Sector funds reported a total net inflow of $5.14 billion, with technology and financial sectors drawing in $4.98 billion and $1.05 billion respectively.⑶ Global bond funds registered net inflows for the eighth consecutive week, totaling $18.15 billion. Leading the gains were short-term bond funds, euro-denominated bond funds, and corporate bond funds, with net inflows of $3.67 billion, $3.16 billion, and $1.4 billion respectively.⑷ Money market funds saw a net outflow of $446 million, reversing the previous week's $1.812 billion net inflow. Precious metals funds, including those investing in gold, had a net outflow of $584 million, marking the fourth weekly outflow in five weeks.⑸ Emerging market equity funds saw outflows for the fifth consecutive week, totaling $445 million, whereas bond funds recorded a net inflow of $108 million.