Refinitiv Lipper data showed global equity funds obtained $3.23 billion worth of inflows during the week, compared with $5.16 billion worth of net purchases in the previous week.

Data released on Thursday showed the U.S. economy grew faster than expected in the fourth quarter. Earlier in the week, a survey showed business activity in the euro zone improved in January, raising hopes the economy is on a better footing than previously feared.

European and Asian equity funds received $3.15 billion and $1.36 billion worth of inflows, but investors sold about $1.14 billion worth of U.S. equity funds.

Data showed many sectoral funds were out of favour with health care, industrials and financials witnessing disposals of $1.8 billion, $695 million and $687 million, respectively.

Meanwhile, global bond funds accumulated a net $11.35 billion worth of inflows in a fourth successive week of net buying.

Global short- and medium-term bond funds obtained $1.05 billion, while government bond funds drew $3.53 billion in a 13th straight week of net buying, but investors exited $160 million worth of high yield funds after two weeks of net purchases.

Global money market funds suffered $12.25 billion worth of outflows.

Among commodity funds, precious metal funds lured $1.19 billion, the biggest weekly inflow in nine months, but energy funds had outflows of $87 million.

Data for 24,502 emerging market (EM) funds showed equity funds attracted a net $5.02 billion in a third successive week of net buying, while bond funds obtained a net $3.9 billion worth of inflows.

(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Christina Fincher)