As of the week ending August 12, global equity funds recorded an inflow of $18.62 billion, marking the 12th consecutive week of inflows, bringing the total inflow to $237.57 billion. The previous week saw an inflow of $21.15 billion, while two weeks prior it was $27.21 billion. At the same time, global tech equity funds experienced an outflow of $1.7 billion in the same week, ending a streak of six consecutive weeks of inflows, indicating that investors are diversifying their funds away from the tech sector.
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