Factor Performance Analysis of Global Public Equities

This report presents a detailed analysis of factor performance in global public equities as of August 2023, highlighting trends observed in various regions including the US, Europe, UK, Emerging Markets, and Canada. The report outlines that US equities favored large-cap, high-quality growth stocks, while European and UK markets preferred value and yield stocks. It notes that global public equities experienced a decline of approximately 4.3% in August, although they remain up over 10% year-to-date. The report further details the impact of inflation and central bank policies on market performance, indicating a shift in investor preference towards stable growth stocks. It also discusses the performance of specific sectors and notable stocks within each region, providing insights into the dynamics of market trends and investor behavior. The analysis includes various metrics such as CPI data and employment reports to contextualize the economic environment influencing these trends.