Imperium Capital Publication

Viewpoint – December 2017

In November the global economic backdrop continued to be supportive for markets, with a majority of asset classes posting positive, moderate returns. Developed market equities mostly performed strong, but were led by the US, while emerging markets underperformed for the second time in three months. In fixed income, November was a slightly risk-off month, with high-yield bond indices posting small losses due to credit spreads increasing.