Investors sold global equity funds worth a net $15.56 billion, that marked the biggest outflow since the week ended April 28, Refinitiv Lipper data showed.
Fund flows into global equities bonds and money markets: https://fingfx.thomsonreuters.com/gfx/mkt/jnpweayrapw/Fund%20flows%20into%20global%20equities%20bonds%20and%20money%20markets.jpg
European equity funds faced outflows of $27.12 billion, although investors purchased U.S. and Asian funds worth $7.59 billion and $3.26 billion respectively.
Among equity sector funds, technology funds secured inflows of $3.17 billion, their biggest weekly inflow in over nine months, meanwhile, financials and energy funds saw net selling of $1.74 billion and $0.45 billion respectively.
Global fund flows into equity sectors: https://fingfx.thomsonreuters.com/gfx/mkt/zgvomnblavd/Global%20fund%20flows%20into%20equity%20sectors.jpg
Global bond funds witnessed their first weekly outflow in seven weeks, worth a net $1.89 billion.
A rush for safety led inflows of $3.69 billion in global government bond funds, the largest since July 21, meanwhile, inflation protected funds pulled in $872 million, although, high yield funds posted net selling for a second straight week, worth $2.76 billion.
Global bond funds’ flows in the week ended Dec 1: https://fingfx.thomsonreuters.com/gfx/mkt/byprjqlnepe/Global%20bond%20funds’%20flows%20in%20the%20week%20ended%20Dec%201.jpg
Global money market funds drew net purchases of $16.31 billion, a 45% surge over the previous week.
Within commodity funds, precious metal funds attracted $120 million in net purchases, marking a second straight week of inflow, while energy funds lured a net $101 million.
An analysis of 24,052 emerging market funds showed investors sold bond funds for a third straight week worth $1.75 billion, while equity funds saw $384 million worth of outflow after four straight weeks of inflow.
Fund flows into EM equities and bonds: https://fingfx.thomsonreuters.com/gfx/mkt/akpezoqynvr/Fund%20flows%20into%20EM%20equities%20and%20bonds.jpg
Source: Economy - investing.com
