Which asset classes lost investors most money in 2016?
By , 20 Dec 16
Thanks to the end-of-year ‘Trump rally’, 2016 has been a pretty good year for investors in risky assets. However, not all asset classes have fared so well.
Investors’ mood at the start of this year could hardly have been more different than it is now. Global equity markets were gripped by a violent correction, sending the MSCI World down by more than 12%. The turmoil followed a stock market crash in China that made share prices tumble by almost 30% in just a few weeks.
While most other equity markets have since recovered from this market correction, Chinese equities haven’t. Investors who were owning A-shares at the start of the year are still sitting on a double-digit loss, both in local currency and in euro terms. The contrast with Hong Kong-listed shares, which are up more than 6% for the year, is huge.