After a challenging month for global markets in October, the positive vaccine news and US election results boosted investor sentiment and market returns over the month of November.
In this edition
- Against this backdrop, global equity markets were notably strong, with developed equity markets outperforming Asian and Emerging Market equities.
- The risk-on sentiment was reflected across asset class returns, with oil prices rising and high yield outperforming in fixed income.
- The perceived safe havens, such as gold and government bonds, underperformed over the month.
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Disclaimer
This article was previously published on Tilney prior to the launch of Evelyn Partners.