News & Insights
ARC Indices Estimates for January 2024
02 February 2024, Daniel Hurdley
January 2024 Estimates
After the strong finish to 2023 where almost all asset classes posted positive returns in November and December, January saw the return of more mixed market conditions.
In equities, the technology sector remained strong rising 4% for the month (in USD terms), whilst emerging markets struggled with Chinese equities down around 10% (in USD terms).
In bond markets, having fallen back from the record highs in October 2023, yields improved in January, in part due to the possibility of slower than expected cuts to interest rates.
As a result, for lower risk investors, returns are expected to be broadly flat for the month with returns improving for higher risk investors.