News & Insights
Overall equities got off to a pretty fast start in the first quarter. The MSCI ACWI Index, the All Country World Index, which we follow as our equity benchmark finished just shy of 7% for the quarter. Overall international equities beat domestic equities which hasn’t been the case for the last couple years. I don’t know if that trend will continue but they’ve gotten off to a good start. S&P 500, domestic large cap stocks, finished just over 6% and, while positive, small caps are actually a drag compared to the other asset classes at 2.5%. The best performing asset class which maybe is a good indicator going forward is emerging markets. That asset class did just under 12% at 11.5. So overall we got off to a pretty good start in the first quarter.
Fairport is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.