In the week ending January 8, money market funds attracted $158.73 billion, marking the second-largest inflow since April 2020. This was driven by investor concerns over potential tariff increases by the incoming U.S. administration and anticipation of a key jobs report that could influence Federal Reserve policy.
Global equity funds gained $11.36 billion in net inflows. European funds attracted $8.7 billion, Asian funds added $5.6 billion, while U.S. funds saw a $5.05 billion outflow. Sector-specific equity funds brought in $526.24 million, with technology funds leading at $1.13 billion.
Bond funds received $19.5 billion, including $1.94 billion in government bonds. At the same time, $293 million was withdrawn from gold and precious metals funds. Emerging market funds showed mixed results, with bond funds gaining $2.38 billion but equity funds losing $973 million.