Style Research Blog
MONTHLY STYLE SUMMARY TO END OCTOBER 2015
After a miserable third quarter, the final period of 2015 has started well for equities with markets providing near 10% returns in many regions. The rebound was broadly based with Basic Materials, Oil & Gas and Tech stocks leading the way in Developed, whilst Industrials and Consumers also performed well in Asia/Emerging. The heightened risk of a move by the Fed before year end has not, for the time being, put the brakes on.
MONTHLY STYLE SUMMARY TO END SEPTEMBER 2015
Equity markets continued to post negative returns during September, with most regions declining by 3-4%, though Japan fell further. Continued weakness in China accompanied further softening of commodity prices, leading to sharp drops in stocks within the Oil & Gas and Basic Materials sectors. Generally, Value was weak, and especially so in Europe, where current Growth measures performed relatively well.