Representing nearly 60% of the global equity market, US equities provide a larger opportunity set outside of Asia, writes Lee in her 2023 Market Review for Asian Investors, released on Jan 22.
The S&P 500 was a standout performer last year, posting a 26% total return in 2023 and more than offsetting its loss of 18% in 2022.
2023 demonstrated the impact of US equity exposure for Asian investors, says Sue Lee, director and APAC head of index investment strategy at S&P Dow Jones Indices.
