Data derived from the Confluence Prism Analytics platform covers 80% of the top 20 institutional consultants as ranked by P&I.

Following three consecutive monthly declines, public equity markets in developed and emerging markets rebounded, returning nearly 10% across most regions except for the UK.

The Q3 2023 Investment Metrics Plan Universe Report – the industry’s most granular analytics tool for plan sponsors with data sourced directly from over 4,000 institutions – reported strong returns at a median level.

In October, global equity markets continued their descent with the MSCI ACWI posting another 3% decline this month.

During the third quarter of 2023, equity markets sold off, triggered by a rapid rise in bond yields due to the Fed’s tight monetary policy.

After the economic turmoil caused by the COVID-19 pandemic, developed economies faced inflation rates reminiscent of the early 1980s.

The third quarter of 2023 witnessed a loss of the positive momentum that had propelled global equity markets at the beginning of the year…

In August, global public equities fell by about 4.3% as measured by the MSCI ACWI, but are still up over 10% this year.