Quarterly Review: Q3 2021
Despite some jitters on the back of worsening inflation
concerns, rising bond yields and fears of the collapse of
Chinese property developer Evergrande, developed world
equities have risen further over recent months. The MSCI
Index of DM equities has gained about 4% since August
and stands 30% above its pre-pandemic peak. Within this,
European bourses recorded the biggest increases, while the
weakest were in Asia.