9 August 2022
Asset Allocation Outlook August
Equities again closed the month with strong pluses in July. The MSCI World AC index climbed by 6.9%, while US and European equities (MSCI USA & MSCI Europe) were up by 9.2% and 6.0% respectively.
Please see Kempen’s Asset Allocation Outlook for August. The highlights this month are:
- Further slowdown in global economy
- ECB implements bigger interest rate hike than expected and announces new
policy instrument - Lower bond yields: bond investors anticipate lower growth
- Investment policy: underweight in (European) equities
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The information in this publication is of a general nature. This publication may at no time be viewed as an offer and you cannot derive any rights from this publication. The external sources used to produce this publication were selected with the great care.
We cannot guarantee that the information and data from these sources is up-to-date, correct and exhaustive. We accept no liability for printing and typing errors. We are not obliged to update or amend the contents in this publication.
All rights related to the content of this publication are reserved, including the right to amend.
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