(Reuters) – Global money market funds attracted large inflows in the week to Sept. 22, as expectations that the Federal Reserve might soon start tapering its stimulus measures made investors cautious.

Concerns about potential spillover to other countries were also raised by the troubles at China Evergrande, a property group.

The week saw investors purchase a net $30.25 trillion in global money markets funds, marking their largest weekly buying spree since Aug. 4.

(GRAPHIC: Fund flows into global equities bonds and money markets – https://fingfx.thomsonreuters.com/gfx/mkt/lbpgngzqxvq/Fund%20flows%20into%20global%20equities%20bonds%20and%20money%20markets.jpg)

In its latest policy statement on Wednesday, the U.S. central bank signalled it is likely to begin reducing its monthly bond purchases as soon as November and that interest rate increases may also follow more quickly than expected. In the last week, global equity funds saw a $5 million marginal outflow. U.S. equity funds sold net $2.85billion while Asian and European stocks received net purchases of $0.73 billion and $2.93billion. 720 million was the outflow from funds in real estate sectors.

Outflows from industrial and consumer staples funds totaled $720 million. Consumer discretionary funds received a net $442million.

(GRAPHIC: Global fund flows into equity sectors – https://fingfx.thomsonreuters.com/gfx/mkt/lgpdwkarzvo/Global%20fund%20flows%20into%20equity%20sectors.jpg)

Global bond funds saw inflows for a ninth straight week, though purchases were 24% lower than in the previous week, at $8.92 billion. The net inflows to global government bonds funds reached $2.2 billion. This is the largest in 4 weeks. Inflation protected bond funds attracted $680million. The outflows from high yield funds totalled $154 millions.

OCBC said that net inflows declined as investors reiterated their concerns about tapering after the Fed announced it would stop buying bonds by the end the year.

(GRAPHIC: Global bond funds’ flows in the week ended Sep 22 – https://fingfx.thomsonreuters.com/gfx/mkt/dwpkrdloovm/Global%20bond%20funds’%20flows%20in%20the%20week%20ended%20Sep%2022.jpg)

Among commodity funds, investors purchased precious metals funds for a second straight week, worth a net $172 million, while they sold energy funds for a sixth successive week. Investors sold $888m in bonds and $381m in equity funds in their fourth weekly analysis of emerging market funds. This was the first time they had ever made a net sale in just four weeks.

(GRAPHIC: Fund flows into EM equities and bonds – https://fingfx.thomsonreuters.com/gfx/mkt/klvykgbxavg/Fund%20flows%20into%20EM%20equities%20and%20bonds.jpg)