Global equity funds attracted the largest weekly inflow in seven weeks in the week through May 14, buoyed by a U.S.-China trade war truce that has significantly reduced the risk of a global recession. According to LSEG Lipper data, global equity funds bagged a net $19.57 billion in inflows during the week, the largest amount for a week since March 26. U.S. President Donald Trump's ongoing trade negotiations, including a 90-day tariff truce with China, signaled a pause in what analysts had warned could escalate into a devastating trade war capable of plunging the global economy into recession.