Global bond funds record first weekly inflow since early January

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A trader works at the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., March 7, 2022. REUTERS/Andrew Kelly

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April 1 (Reuters) – Global bond funds attracted their first weekly inflow in about three months in the week ended March 30 as lower oil prices tempered some inflation concerns during the week.

According to Refinitiv Lipper, global bond funds received $3.5 billion in the week to March 30, their first weekly inflow since January 5. However, they faced outflows of $108.22 billion in the first quarter of the year, the largest since the first quarter of 2020.

Funds Flow – Global Equities, Bonds and Money Market

In the week to March 30, European bond funds saw inflows worth $5.77 billion, but US and Asian bond funds faced outflows.

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Global high-yield bond funds attracted inflows worth $1.3 billion, while government bond funds and inflation-linked bond funds received $1.3 billion, respectively. $.2 billion and $1.1 billion.

Global equity funds posted their second consecutive weekly inflow, receiving $464 million, but this was well below the previous week’s $19.67 billion inflow.

Flows of global bond funds during the week ended March 30

They received around $70 billion in the first quarter of 2022, compared to $191.45 billion in the fourth quarter of 2021.

Among sector funds, technology and industrials led inflows, receiving $974 million and $181 million, respectively.

Meanwhile, money market funds made net purchases of $16.5 billion after two consecutive weeks of outflows.

In the materials sector, investors poured $670 million into precious metals funds, which was their 11th straight week of net buying. Energy funds, on the other hand, had to deal with outflows worth $241 million.

Fund Flows – Global Equity Sector Funds

Emerging market equity funds pulled in $3 billion, their biggest inflow since Feb. 9, while emerging market bond funds took in $1.75 billion, after four consecutive weeks of outflows.

Fund Flow – Emerging Markets Stocks and Bonds

(This story corrects to say the entry amount is in US dollars in the sixth paragraph)

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Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Alex Richardson

Our standards: The Thomson Reuters Trust Principles.

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