May 22, 2020

Market Update – April 2020

Following a disastrous month in March. Global markets rebounded strongly in April as some countries experienced a decline in new Covid-19 infection rates and were planning a gradual re-opening of their economies. Governments and central banks were quick to respond to the impending economic crisis and introduced significant stimulus measures to counter the mayhem caused by the economic shutdown. Market volatility declined with the MSCI World Index returning 10.9% for the month and outperforming the MSCI Emerging Market Index which returned 9.2%, albeit from a low base. Read the full article