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What Has Driven Stock Market Returns, and What May Drive Them in the Future?

February 2018
by Duncan Lamont, Head of Research and Analytics, for Schroder Investment Management

While the equity markets of various countries and regions have performed very similarly over the past three years, the components of returns have been very different.


When we look back over the past three years, investors have earned remarkably similar returns in local currency terms in very different parts of the world.

Duncan Lamont
Head of Research and Analytics (Schroders)

All investments are subject to risk, including the possible loss of principal. Foreign investments may be more volatile and less liquid than U.S. investments and are subject to the risk of currency fluctuations and adverse political and economic developments

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