For the latest ETF industry news, please refer to our “Asia ETF Roundup (Industry) – December 2018 and January 2019”.
Major Markets Performance
Last year was a disappointing one for equity investors as many major markets posted double-digit losses. The MSCI World Index declined 10.4% and the MSCI Emerging Markets Index fell 16.6%. China onshore markets fell around 25%, the S&P 500 declined 6.2%, and the FTSE 100 dropped 12.5%. Uncertainty from Brexit and U.S.-China trade war likely added to market volatility.
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