November market update – developed markets outperform as hopes rise for a faster recovery

November market update – developed markets outperform as hopes rise for a faster recovery
17 Dec 2020
Authors
tesla-red

After a challenging month for global markets in October, the positive vaccine news and US election results boosted investor sentiment and market returns over the month of November.

In this edition

  • Against this backdrop, global equity markets were notably strong, with developed equity markets outperforming Asian and Emerging Market equities.
  • The risk-on sentiment was reflected across asset class returns, with oil prices rising and high yield outperforming in fixed income.
  • The perceived safe havens, such as gold and government bonds, underperformed over the month.

View market commentary

We hope you have found this update helpful. Please do get in touch on 020 7189 2400 if you have any queries or would like more information.

Disclaimer

This article was previously published on Tilney prior to the launch of Evelyn Partners.