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+1 (0)21 237 601 34Equity 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: