In Q1 2023, the MSCI ACWI index gained 7.4%, having delivered the second-best January return in the last 36 years. Optimism turned into caution as inflation remained high, and the quarter witnessed the collapse of Silicon Valley Bank, Signature Bank, and the rescue of Credit Suisse by UBS. While growth stocks strongly outperformed value, as the quarter came to a close, investors rotated from high-risk stocks to large cap and quality stocks. Interest rate implied volatility reached levels not seen since the global financial crisis and options listed on US exchanges reached record volumes.
Join this webinar where DWS and MSCI experts share insights on global and regional market trends, active allocation across multiple asset classes, and a re-assessment of factor valuations considering the new rate regime.
Agenda topics:
• Insights on market landscape and multi-asset allocation
• What does the derivatives market tell us about investor positioning?
• Have factor valuations adjusted to the new rate environment?
• What is the factor outlook based on the indicators of performance?
