(Reuters) – Global money market funds saw huge inflows in the week to October 6, as investors favored security amid fears of higher inflation, supply shortages and difficulties in the economy. the Chinese real estate sector.

According to Lipper’s data, investors bought $ 13.95 billion net of global money market funds during the week, up from $ 21.85 billion in net sales the week before.

(Chart: flow of funds to global equity bonds and money markets,)

Oil prices hit multi-year highs this week, raising concerns about a further rise in inflation levels, which could prompt major central banks to raise interest rates earlier than expected.

Global equity funds attracted a net inflow of $ 6.4 billion, with Asia accounting for a significant portion of purchases. Asian equity funds got $ 4.03 billion, while US and European equity funds got $ 2.85 billion and $ 1.2 billion respectively.

Japanese equity funds received a net amount of $ 3.22 billion, the largest weekly fundraising since September 2020.

Among sector funds, financial and technology funds received net $ 959 million and $ 780 million respectively, each marking a second consecutive weekly inflow, while health care funds reported outflows of $ 1.75 billion. dollars.

(Chart: Global funds move towards equity sectors,)

Global bond funds received inflows of $ 3.78 billion, down 43% from the previous week.

But global inflation-protected funds got $ 1.82 billion, the largest since late July, although corporate bond funds faced an outflow of $ 1.54 billion.

(Chart: Flows of global bond funds during the week ended October 6)

Among commodities funds, energy funds posted outflows of $ 275 million after weak inflows the week before, while precious metals funds faced net outflows of $ 188 million.

Analysis of 23,831 emerging market funds showed equity funds received their first weekly entry in three weeks, with a net worth of $ 1.46 billion, while bond funds faced their third exit consecutive weekly $ 1.62 billion.

(Chart: Fund flow to emerging market equities and bonds,)