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Report published September 25, 2026

Weekly Fund Flows: Continued Support for Short Duration – Goldman Sachs Research

Goldman Sachs · September 25, 2026

For the week ending September 23, global fund flows turned negative for equities (-$10bn) while remaining firmly positive for fixed income (+$17.4bn) and money markets (+$11.6bn). Fixed income inflows were driven by short-duration and EM local-currency bond funds, whereas long-duration funds experienced outflows.

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Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.Global equity fund flows turned negative to -$10bn for the week ending September 23 (following +$80bn the previous week), driven by outflows in the US (-$21.2bn) and China (-$2.4bn), with technology suffering the largest sector redemption.
  • 2.Fixed income funds sustained strong demand with +$17.4bn of weekly inflows, led by short-duration (+$4.9bn) and inflation-protected funds, whereas long-duration funds saw net redemptions (-$740mn).
  • 3.Within emerging market debt, local-currency bond funds experienced substantial net inflows (+$5.1bn), in contrast to continued outflows from hard-currency bond funds (-$450mn).

Table of Contents

  • Global fund flows, week ending September 23
  • Exhibit 1: Chart of the Week
  • Global Fund Flow Trends
  • Total Unhedged Foreign Flows By Country
  • Net Unhedged Flows into US Equity Funds
  • Fixed Income & Equity Flows
  • FX Flows
  • The G10 FX Strategy Team

Report data

Exhibit 1: Chart of the Week — as of September 23, 2026.

MetricEstimateContext
Global Equity Fund Net Flows-10182.0 USD MillionsGlobal equity funds saw net outflows compared to +$79.3bn in the previous week.
Global Fixed Income Fund Net Flows17392.0 USD MillionsFixed income funds maintained steady positive inflows.
Money Market Funds Net Flows11611.0 USD MillionsMoney market fund assets increased by nearly $12bn after a large prior-week drop.
Short-Duration Bond Fund Net Flows4947.0 USD MillionsShort-duration funds continued to see sustained positive inflows.
Long-Duration Bond Fund Net Flows-740.0 USD MillionsLong-duration funds experienced net outflows.
Source: EPFR. This is a dated model snapshot, not a live forecast.

Reports in this series

Weekly Fund Flows is shown in chronological order through this edition, published on September 25, 2026.

Part of the Weekly Fund Flows series — view all 10 editions

Looking for the latest edition? Weekly Fund Flows Cooling Inflows to Korea and Taiwan (Oct 2, 2026)

  1. Aug 7Weekly Fund Flows KRW Sees Strong Inflows
  2. Aug 28Weekly Fund Flows Long term US Bond Flows in Focus
  3. Sep 4Weekly Fund Flows Continued Japan Bond Fund Inflows
  4. Sep 11Weekly Fund Flows Inflows to Inflation Protected Bond Funds

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