The fund flow and asset allocation data specialist says global bond funds saw inflows of $2.6bn in the week ending 3 March, the biggest one-week inflow since 2000. Year-to-date these funds have taken more than $16bn, while over the same period last year they had seen outflows of $3bn.

US bond funds have also seen decent inflows taking a further $2bn during the week, while emerging markets bond funds saw year-to-date inflows climb north of $4bn.

Global equity funds

Meanwhile, global equity funds posted inflows of $1.7bn, their biggest inflow since October 2007 giving a clear signal investors are moving away from ‘safe haven’ assets. In addition, money market funds continued to see an exodus, with a further $30bn leaving the asset class in the week to 3 March.

There has also been a turnaround in funds flowing into developed market equity funds which saw an influx of $2.8bn, reducing year-to-date outflows to $12.2bn, says EPFR Global.

However, Europe equity funds have continued to suffer on investors’ fears of a low-growth environment, with the funds surrendering a further $657m during the week ending 3 March.

In contrast, Japan equity funds took inflows for the tenth consecutive week as investors continue to shrug off mixed economic numbers form the world’s second largest economy. Funds invested in the region took nearly $2bn over the week.