Check out our latest Country Portfolio Notes to see where we believe there is opportunity.
- Emerging Market countries are the best performing, as a whole up 11.8% YTD. Brazil and Peru continue to add to their impressive returns. YTD, Brazil is up 61% and Peru is up 59%.
- 18 out of the top 20 best performing countries YTD are EM countries. Canada is the best developed country (9th overall), up 19% YTD. U.S. is the next best developed country (19th overall), up 7% YTD.
- Global equities were positive in July, with the MSCI ACWI up 4.31%. The ACWI is now up 5.59% YTD, with the average country up 8.09% YTD. The range of returns for the year is now 78%.
- The top four ranked countries stayed the same: Thailand, Korea, China, and the U.S.