Global technology equity funds attracted $15.7 billion in weekly inflows, the third-largest on record per Bank of America, driven by AI
Tech equity funds attracted $15.7B inflows last week—nearly doubling 2023's $8.5B record—as institutional allocators rotate from stagnant non-tech sectors. Capital deploys faster than technology matures, pricing in outsized expectations; inflow deceleration would signal the rotation trade is exhausted.
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Via bostonherald.com
Investors are flooding into tech funds at a pace not seen outside of peak AI hype cycles, and the rest of the market is barely getting a glance
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Global technology equity funds attracted $15.7 billion in net inflows last week, according to Bank of America Global Research. That figure lands as the third-largest weekly inflow ever recorded for the category.
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