Stocks in developed markets around the globe had a mildly negative first quarter, and we saw a significant pickup in volatility compared to that which we’ve seen in the last two years. It was the first negative quarter in US markets since 2015, although the one bright spot was emerging market stocks, which saw a slight increase. To read the full commentary in your browser, click here.
If you'd like to see the quarterly review in charts (PDF format), along with the commentary, click on the image below.