March 28 (Reuters) - Global equity funds attracted large

inflows in the week through March 26 when equity markets

initially rebounded on optimism that President Donald Trump's

administration would apply tariffs more selectively rather than

impose broad trade restrictions.

Investors purchased global equity funds of a net $35.43

billion during the week following about $29.49 billion worth of

net sales in the prior week, data from LSEG Lipper showed.

The MSCI World Index recovered as much as

4.26% after hitting a six-month low of 819.94 on March 13,

reaching a two-and-a-half-week high of 854.88 on Tuesday.

However, global equities turned slightly lower later in the

week after U.S. President Donald Trump announced a 25% import

tax on foreign-made vehicles and auto parts on Wednesday,

rekindling investor concerns over a potential full-scale trade

war.

U.S. equity funds recorded net weekly inflows of $22.44

billion, reversing sharply from net outflows of $33.53 billion

the previous week.

European and Asian equity funds also attracted strong

investor interest, with net inflows of $6.84 billion and $4.36

billion, respectively.

Technology led the sectors with $1.32 billion in inflows,

followed by financials and industrials at $802 million and $754

million, respectively.

Global bond funds registered net purchases of $1.37 billion,

rebounding from net sales of $255 million in the prior week.

Euro-denominated bond funds recorded their fourth

consecutive week of inflows, totaling $1.28 billion, while

short-term debt funds attracted $791 million.

Meanwhile, money market funds saw net outflows of $48.73

billion, extending losses for a third straight week.

Commodity funds focused on gold and precious metals drew

$3.03 billion - their highest weekly inflow in four weeks - amid

heightened demand.

Wei Li, head of multi-asset investments at BNP Paribas Asset

Management, attributed the surge in gold ETF inflows to

increased demand from institutional investors.

"Institutional investors often take a strategic approach to

asset allocation, using gold to hedge against market volatility

and economic downturns," Li said.

Data from 29,634 emerging market funds showed equity

outflows easing to a three-week low of $163 million, while bond

funds posted $448 million in net outflows, marking the second

consecutive week of redemptions.