World Asset Classes – Q2/2015

Looking at broad market indices, emerging markets outperformed both the U.S. and developed ex U.S. markets in U.S. dollars during the quarter. REITs recorded the lowest performance in developed markets, including the U.S. The value effect was positive in emerging markets but negative in developed markets, including the U.S. small caps which outperformed large caps in the U.S., non-U.S. developed markets, and emerging markets. The U.S. equity market recorded slightly positive performance for the quarter…
Read our Second Quarter Newsletter for 2015.