Goldman Sachs
May 24, 2026
Weekly Fund Flows: Europe Buys US Again
Weekly UpdateEquitiesRates Govt BondsFXInformation TechnologyFinancials
Global fund flows remained positive, led by strong demand for US assets and Technology sector equities. Conversely, Mainland China and EM equity funds experienced outflows while US Treasuries saw a regional split in demand between Europe and Asia.
Key Takeaways
- 1.Global fund flows remained positive for both equities (+$2bn) and fixed income (+$32bn) for the week ending May 20.
- 2.The US saw strong demand for equity and fixed income, while Emerging Markets, specifically Mainland China, experienced significant net outflows.
- 3.Technology was the standout sector for equity inflows, while financials recorded the largest outflows.
Table of Contents
- Global Fund Flow Trends
- Total Unhedged Foreign Flows By Country
- Fixed Income & Equity Flows
- FX Flows
- The G10 FX Strategy Team
- Disclosure Appendix
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Lexi KanterMichael CahillKaren Reichgott FishmanStuart Jenkins
Securities
US Treasury FundsMXWO
Themes
Cross-border Regional DivergenceGrowth/Tech Sector ConcentrationFX Management and Macro Shocks
Regions
North AmericaEuropeAsia PacificUnited StatesChinaSouth Korea
