(Reuters) – International fairness funds have drawn document inflows of cash this yr as an financial rebound and a surge in demand after pandemic restrictions had been eased have boosted corporations’ income.

In response to Refinitiv information, traders poured $704.16 billion into fairness funds between January and November, already surpassing 2007’s earlier annual document of $550.9 billion.

(Graphic: Yearly fund flows into international equities, bonds and cash markets, https://fingfx.thomsonreuters.com/gfx/mkt/zdpxoxqqzvx/Yearlypercent20fundpercent20flowspercent20intopercent20globalpercent20equitiespercent20bondspercent20andpercent20moneypercent20markets.jpg)

Tech funds alone drew inflows price $71.7 billion in January-November, a 9% enhance over the identical interval final yr.

Financials and client discretionary sector funds attracted document inflows of $36.45 billion and $19 billion respectively.

Funding in healthcare funds dropped 45% from the identical interval final yr, nonetheless, to simply $14.4 billion.

International bond funds attracted $868.4 billion within the first eleven months of 2021, up from $399.33 billion in January-November final yr and simply exceeding the $517.35 billion of web purchases seen in all of 2020.

(Graphic: International fund flows into fairness sectors, https://fingfx.thomsonreuters.com/gfx/mkt/znvnexllwpl/Globalpercent20fundpercent20flowspercent20intopercent20equitypercent20sectors.jpg)

Quick and medium-term bond funds attracted $303.89 billion in web shopping for within the yr to November, whereas authorities bond funds lured $200.59 billion in contrast with inflows of simply $58.21 billion in the identical interval a yr in the past.

Inflation-protected funds drew in $88.42 billion, a six-fold enhance from January-November 2020, reflecting rising worries about rising costs.

International high-yield bond funds noticed inflows fall about 70% from final yr, to $17.49 billion in January-November.

(Graphic: International bond fund flows this yr, https://fingfx.thomsonreuters.com/gfx/mkt/jnpweajlgpw/Globalpercent20bondpercent20funds’%20flowspercent20thispercent20year.jpg)

International cash market funds drew web purchases of $221.27 billion, an enormous fall from $990.83 billion within the first eleven months of 2020.

Inside commodities, treasured steel funds witnessed outflows of $6.7 billion, whereas vitality funds noticed web promoting of $5.02 billion.

An evaluation of 33,794 rising market funds confirmed fairness funds drew a web $107.58 billion of shopping for and bond funds lured in $40.63 billion within the yr to November, after every seeing outflows final yr.

(Graphic: Fund flows into EM equities and bonds, https://fingfx.thomsonreuters.com/gfx/mkt/gdpzymkkzvw/Fundpercent20flowspercent20intopercent20EMpercent20equitiespercent20andpercent20bonds.jpg)

Within the week ended Dec. 8, international fairness funds obtained inflows of $2.71 billion, whereas bond funds drew in $4.06 billion, the information confirmed.