Global equity funds attracted their biggest weekly inflow in nearly 2-1/2 months in the week through March 25 after U.S. President Donald Trump delayed strikes on Iranian energy infrastructure, raising hopes of a temporary de-escalation and easing oil shock fears. Investors acquired a net $37.77 billion of global equity funds in their largest weekly net purchase since February 18 after a two-week selling streak, LSEG Lipper data showed. They bought a net $37.24 billion of U.S. equity funds as they halted a three-week selling trend. Asian funds also saw a net $5.23 billion weekly inflow, but European funds suffered outflows of $7.52 billion. Global equities, however, tumbled around 1.6% on Thursday on Iran's denial of any talks with the U.S., deepening doubts about the chance of a quick ceasefire in the nearly one-month-long war in the Middle East. Mark Haefele, chief investment officer at UBS Global Wealth Management, said investors should be cautious about expecting a swift resumption of energy flows through the Strait of Hormuz, though he did not foresee significant or lasting economic damage in the base case.