The Bloomberg World Index has reclaimed all-time-highs with a new market cap @ $71.22 trillion. Like most of the world, March 23 marked the bottom of the Q1 selling, and since then this index has gained 47.75% (total return).
This is a good index to watch as it captures equity market performance across the globe. Interestingly, it’s within 1.16% of the S&P 500 (total return through 8/14) for 2020 (3.60% & 4.76%, respectively).
CW
Source: Bloomberg & Wennco LLC
Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.
Related Literature |
---|