GLOBAL EQUITY FUND INFLOWS JUMP ON RATE CUT EXPECTATIONS

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust ruling for Alphabet that buoyed sentiment.

Investors poured a net $10.65 billion into global equity funds, the largest weekly purchase since August 13, data from LSEG Lipper showed.

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