Milliman Market Monitor London - 28 September 2018

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By Neil Dissanayake, Peter Lin | 11 October 2018
European equity markets declined at the start of September on the back of trade tensions, but gradually recovered over the month. Both the Euro Stoxx 50 and the FTSE 100 indices ended the month higher. The US equity market continues upward, being up by 11% year-to-date. In contrast, the Emerging Markets index dropped even lower this month, down by 8% year-to-date. Global and Sterling corporate bonds declined in September. Realised volatility of European equity indices briefly increased at the start of the month, but declined in the remaining month to below 10%. US equity volatility declined further in September to just above 5%. The volatility risk premium declined slightly for all indices in September.