Monday, January 8, 2018

Who won the investment return race in 2017?

Bloomberg has summed up the returns on different assets across the world in 2017. The winners included bitcoin and some other crypto-currencies which brought thousands of percent returns, the Ukrainian equities index which rose by 80% (the best return of any stock market in 2017), Greece’s bonds which jumped 64% and palladium which returned 57%.

The world’s most important indices and commodities showed more moderate results last year. Among the leading North-American indices, NASDAQ Composite was a clear winner. In mid-2016, the index successfully broke through its levels posted during the height of the dot-com bubble while the strength of the technology sector has lifted the index substantially since that. Gold and oil (WTI Crude) grew by 13% and 12% respectively.

The leading Canadian indices lagged behind. The S&P/TSX Venture Composite Index, which returned 12% in 2017, had its second year of strength after its long-time low posted in early 2016. And S&P/TSX Composite Index returned 6%, after growing by 18% in 2016.

Ukrainian Credit Union Limited

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