Europe continued to be the best performing market out of the four sub-regions of the index with a positive return of 3.59% in February 2008, building on its positive return of 1.81% in January 2008. After Europe, Asia ex Australia was the strongest region and also produced a positive return of 1.11% followed by negative returns from both Australia (-0.06%) and North America (-3.67%) in February 2008. Year to date, only Europe is 5.46% ahead whilst the other three sub-regions remain behind with Australia on -12.40%, Asia excluding Australia on -6.81% and North America on -4.46%...
Publisher: eProp
Source: Catalyst
The UBS Global Investors Index showed some improvement on its negative total return of -2.72% in
January 2008, but still produced a marginally negative return of -0.79% in February 2008, bringing the Index’s year to date return to -3.49%.
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