23.08 Liontrust MA Quarter In Review Q2 Literature (Single) - Flipbook - Page 15
Global large cap vs small cap and value vs growth
Large caps and growth style stocks outperform their counterparts
From a global perspective, large caps outperformed small caps,
and growth stocks outperformed value, for the second quarter
running. The surging popularity of a few US technology growth
stocks and their significant weighting in global indexes was a key
factor in the relative performances.
Global large cap versus small cap returns Q2 2023
Global growth versus value returns Q2 2023
12%
12%
10.4%
7.5%
8%
8%
6.8%
6.8%
4%
4%
3.2%
0%
3.0%
0%
MSCI World
Large NR USD
MSCI World
NR USD
MSCI World
Small Cap NR USD
MSCI World Value
NR USD
MSCI World
NR USD
MSCI World
Growth NR USD
Source: Morningstar, 30.06.23. Past performance is not a guide to future performance. The value of an investment and the income
generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested.
Liontrust Multi-Asset Funds and Portfolios Quarterly Report: Q2 2023 - 15
