LumerB/iStock via Getty Images By Grace Su & Jean Yu CFA, Ph.D. Key Takeaways Global equity markets delivered solid fourth-quarter gains, with value stocks outperforming growth as market participation continued to broaden beyond mega cap technology. The Strategy outperformed its benchmark during the quarter, driven by strong stock selection in communication services, financials and industrials. Wi...
LumerB/iStock via Getty Images By Grace Su & Jean Yu CFA, Ph.D. Key Takeaways Global equity markets delivered solid fourth-quarter gains, with value stocks outperforming growth as market participation continued to broaden beyond mega cap technology. The Strategy outperformed its benchmark during the quarter, driven by strong stock selection in communication services, financials and industrials. With valuation dispersion elevated and fundamentals improving across a widening set of companies, we believe the opportunity set for global value improvers remains attractive heading into 2026. Market Overview Global equity markets generated positive returns in the fourth quarter, with value stocks outpacing growth for the quarter and only slightly trailing growth on a full-year basis. The MSCI World Index rose 3.1% in the quarter to finish up 21.1% for 2025, outperforming the S&P 500 Index's gains of 2.7% for the quarter and 17.9% for the year. Value stocks also maintained leadership during the fourth quarter, with the MSCI World Value Index returning 3.3% compared to the MSCI World Growth Index's 2.8%. In the fourth quarter, market narratives remained heavily focused on artificial intelligence-related investment, reflected most visibly in the outsize performance of technology-heavy markets such as Taiwan and South Korea. However, the quarter also saw continued strength across emerging markets, commodities and select value-oriented sectors, underscoring a gradual broadening in market participation. A weaker U.S. dollar and expectations for easier monetary policy supported sentiment toward emerging markets and consumer-sensitive areas. From a macroeconomic perspective, growth continued to slow in Europe, particularly across manufacturing-related industries, though services activity remained resilient and equity markets generally held up well. In China, signs of stabilization in manufacturing activity supported risk appetite, while the U.S. consumer remained comparatively resi...
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
(RTTNews) - Ampol Ltd. (ALD.AX, CTXAY), an Australian transport fuel supplier, reported Monday lower profit and revenues in fiscal 2025, while RCOP EBIT and EBITDA, key earnings metrics, climbed from last year.
(RTTNews) - Ampol Ltd. (ALD.AX, CTXAY), an Australian transport fuel supplier, reported Monday lower profit and revenues in fiscal 2025, while RCOP EBIT and EBITDA, key earnings metrics, climbed from last year.
The Russell 2000 is the market's most commonly used benchmark for small caps . While it has its flaws, it's consistently demonstrated that it can do very well in the right environment. And it provides investors one of the most comprehensive ways to invest in this category. The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is one of the best and cheapest ways to target this index. Its expense ratio of 0...
The Russell 2000 is the market's most commonly used benchmark for small caps . While it has its flaws, it's consistently demonstrated that it can do very well in the right environment. And it provides investors one of the most comprehensive ways to invest in this category. The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is one of the best and cheapest ways to target this index. Its expense ratio of 0.06% is one of the lowest in this space. And its willingness to hold every stock in the index, rather than just most, to achieve a close approximation ensures that this ETF remains very tightly linked to the Russell 2000 . Image source: Getty Images. Continue reading
Caistor St Edmund, Norfolk: I can’t tell which birds are male and which are female and, it turns out, neither can they. There is a system, though The flock of 50 or so pigeons lifts from the barn roof as one. The loud clapping of wings makes the horses jump, even though this happens several times a day. I scan the sky for a peregrine but can’t see signs of danger. They swirl once, then settle back...
Caistor St Edmund, Norfolk: I can’t tell which birds are male and which are female and, it turns out, neither can they. There is a system, though The flock of 50 or so pigeons lifts from the barn roof as one. The loud clapping of wings makes the horses jump, even though this happens several times a day. I scan the sky for a peregrine but can’t see signs of danger. They swirl once, then settle back on to the corrugated metal roof. These farmyard pigeons are a mix of feral and wood pigeons that hang out happily together. The group will reduce soon. Some of the wood pigeons are probably continental winter migrants who will depart. The remaining males will then leave the communal roost and set up territory ready for the breeding season. Each will defend its area diligently, with that resonant, repetitive cooing. Continue reading...