2016 Second Quarter Market Review
Looking at broad market indices, the US outperformed developed markets outside the US and emerging markets. US REITs recorded the highest returns, outperforming the broad equity market.
The value effect was positive in the US but negative in developed and emerging markets. Small caps outperformed large caps in the US but slightly underperformed in the developed and emerging markets.
To read more about the condition of the markets last quarter, click the following link: ‘ QMR Q2 2016 ‘