China Market Commentary: May 2022
Here are this month’s highlights: In April, global markets experienced a major sell-off amid a weakening growth outlook due to heightened inflation, rising interest rates, a slowdown in China and geopolitical uncertainty. The offshore China market fared better than its A-share counterpart, with the MSCI China index returning -4.1% versus -10.2% for the MSCI China A Onshore index. At RisCura we believe in diversification across different styles and avoid any persistent bias to Value or Growth across most asset classes.