Interesting Times
“May you live in interesting times” is an English expression often attributed to be an old Chinese curse. Though no Chinese saying to this effect has ever been traced, whatever its origin, the words are certainly apropos today.
News and Research
“May you live in interesting times” is an English expression often attributed to be an old Chinese curse. Though no Chinese saying to this effect has ever been traced, whatever its origin, the words are certainly apropos today.
Understanding the Difference in U.S. and non-U.S. Equity Performance Since the 2008 Financial Crisis
In the fourth quarter, markets successfully navigated events including a U.S.-China trade deal and a clearer Brexit outcome. A broad-based rally contributed to the MSCI World Net Index delivering its highest annual return within the past decade.
When using the same monthly return series, the choice of ending month for presenting 12-month return data can make a big difference in the impression that the data makes.
Read our global equity research report on decomposing volatility and the relationship between cross-sectional volatiltiy and active managment