Home|Private Banking|Professional Solutions|Investment Management|Investment Banking|About us
  • Services
  • Fund Library
  • Insights
Professional Investor - Netherlands
13 March 2023

Asset Allocation March

Equity investors were less optimistic in February than they were in January. The MSCI global equity index fell by 3.0% . Emerging market equities noted the biggest loss at 6.5%, followed by the Pacific region with a drop of 5.0%. In the US, the equity market was down by 2.6%. Only Europe kept its feet dry thanks to a gain of 1.9%. Since the low in September, European equities have climbed twice as fast as US equities.

Please see Kempen’s Asset Allocation Outlook for March. The highlights this month are: 

  • Slowdown in growth not as bad as feared, inflation more stubborn than expected
  • Investors now share the outlook of central banks
  • Cautious investment policy unchanged
2023, 13 March

Asset Allocation Outlook


The information in this publication is of a general nature. This publication may at no time be viewed as an offer and you cannot derive any rights from this publication. The external sources used to produce this publication were selected with the great care.
We cannot guarantee that the information and data from these sources is up-to-date, correct and exhaustive. We accept no liability for printing and typing errors. We are not obliged to update or amend the contents in this publication. 
All rights related to the content of this publication are reserved, including the right to amend. 

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Fully focused on your future

Private Banking

  • Offices
  • Business Professionals
  • Executives
  • Doctors
  • Entrepreneurs
  • Wealth Management
  • Conditions
  • Private Banking - Belgium
  • Private Banking - Switzerland

Professional Solutions

Investment Management

Investment Banking

© Van Lanschot Kempen Investment Management 2023
Privacy & cookies
Statement under the UK Modern Slavery Act
Privacy & cookies UK