2019 Annual Market Review
Equity markets around the globe posted positive returns in 2019. Looking at broad market indices, the US outperformed (31.02%) non-US developed (22.49%) and emerging markets (18.42%) for the year.
2019 Annual Summary
Equity markets around the globe posted positive returns in 2019. Looking at broad market indices, the US outperformed (31.02%) non-US developed (22.49%) and emerging markets (18.42%) for the year.
The value effect was negative in the US, non-US developed markets, and emerging markets. Small caps outperformed large caps in non-US developed markets but underperformed in the US and emerging markets.
REIT indices (23.12%) outperformed equity market indices in non-US developed markets but underperformed in the US.
Interest rates decreased in the bond market. The US Bonds market outperformed (8.72%) international bonds (7.57%).