Insights

Dec 2, 2024, 11:42 AM by Ashburton Investments

Global markets delivered a positive performance in November with the MSCI World Index adding 2.1% despite seeing a sizable sell-off in emerging markets (MSCI Emerging Market Index: -5%). Emerging markets were under pressure as the attention shifted towards the US presidential elections with Donald Trump’s historic “red sweep” victory and his intended policy plans (comments surrounding tariffs weighed heavily on emerging markets, particularly China).