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Global Equity Funds Soar to 12th Straight Week of Inflows

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CAT
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Global equity funds have seen their 12th consecutive week of inflows, totaling $18.62 billion in new investments, according to data from LSEG Lipper.

This surge is attributed to a strong earnings season and easing inflation, which has dampened expectations of an imminent Federal Reserve rate hike.

The MSCI All-Country World Equity Index rose by 2.85% due to solid earnings from AI-centric firms like Caterpillar and Palantir.

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