Investors continued their buying spree for the eighth consecutive week, pumping money into global stock funds through May 13 as enthusiasm for artificial intelligence technology propelled share prices higher and overshadowed inflation worries.
Investment data from LSEG Lipper revealed that investors purchased a net $39.15 billion worth of global equity funds, marking the biggest weekly investment since the $48.55 billion added during the week ending April 22.
Technology shares pushed the MSCI World Index to a new peak of 1,117.52 on Thursday, continuing their upward climb after Advanced Micro Devices and Microchip Technology projected robust demand for data-center semiconductors in recent days.
Analysis of 900 companies within the MSCI World Index by LSEG revealed that approximately 72% exceeded analysts’ profit forecasts for the first quarter.
American equity funds reversed course from the previous week’s $2.89 billion in net withdrawals, instead receiving $22.37 billion in weekly investments. Funds focused on Asian and European markets also attracted net additions of $7.62 billion and $6.29 billion respectively.
The technology sector captured a record-breaking $10.65 billion in investments. Metals and mining along with industrial sectors also experienced net purchases totaling $1.03 billion and $886 million respectively.
Bond funds worldwide drew $25.76 billion, representing the highest weekly total since early October 2025.
Investors favored short-term bond funds, euro-denominated bond funds, and corporate bond funds, which received net inflows of $2.93 billion, $2.83 billion, and $2.47 billion respectively.
Money market funds experienced the opposite trend, seeing $9.2 billion in net withdrawals following the previous week’s $149.98 billion in net purchases.
Precious metal funds including gold investments experienced renewed interest after two weeks of net selling, attracting $1.77 billion from investors.
Emerging market equity funds continued their decline for a third consecutive week with $3.18 billion in net outflows. However, emerging market bond funds maintained their positive streak with a sixth weekly inflow of $2.19 billion, according to data covering 28,893 funds.
