<div id="readability-page-1" class="page"><div>Feb 6 (Reuters) - Global equity funds saw strong inflows led by Europe and Asia, underscoring a diversification push as investors sought to reduce exposure to volatile U.S. technology shares and spread risk across other markets. Global equity funds saw net investments of $31.46 billion during the week, marginally lower than the prior week's $35.03 billion net inflows, LSEG Lipper data showed. European equity funds drew about $14 billion in inflows, the strongest weekly demand since April 30, as the STOXX 600 hit a record high, while Asian and U.S. equity funds attracted $9.59 billion and $5.58 billion, respectively. &#34;Gains in Asian and European markets point to opportunities arising from regional fiscal expansion and structural reforms,&#34; said Mark Haefele, chief investment officer at UBS Global Wealth Management. &#34;In today's environment, where risks are higher and outcomes less predictable, we believe diversification across sectors and geographies is especially important.&#34; In the sectoral space, industrials and metals and mining funds received $2.75 billion and $2.1 billion, respectively, and topped net purchases. The tech sector, meanwhile, faced outflows of $2.03 billion. Global bond funds were popular for a fifth successive week, drawing in roughly $18.71 billion in net investments in the most recent week. Short-term bond funds, euro-denominated funds, and high-yield funds saw significant buying interest, with investors adding $2.79 billion, $1.9 billion, and $1.46 billion, respectively. Money market funds, meanwhile, recorded a weekly net inflow of $90.75 billion, the largest since the $162.52 billion inflow in the week to January 7. Investors also added $3.08 billion to gold and precious metals commodity funds, marking the largest weekly net purchases in six weeks. In emerging markets, equity funds saw upbeat demand, drawing $11.89 billion in net purchases for the seventh straight week. Bond funds, however, had a modest $259 million outflow, according to data for a combined 28,709 funds.(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Rashmi Aich)</div></div>

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Global equity funds experienced significant inflows of $31.46 billion, led by Europe and Asia, as investors reduced exposure to U.S. tech stocks. European funds attracted about $14 billion, while Asian and U.S. funds saw inflows of $9.59 billion and $5.58 billion, respectively. The tech sector faced outflows of $2.03 billion. Global bond funds also remained popular, drawing $18.71 billion, and money market funds recorded a net inflow of $90.75 billion. Emerging market equity funds saw $11.89 billion in net purchases, despite a modest outflow from bond funds.

Europe, Asia lead global equity fund inflows as investors cut US tech exposure