EN - Report (page 2) - Flipbook - Page 12
Large versus small-cap equities
Large caps had a better quarter overall, with rising concerns about
the balancing act between tightening monetary policy and ongoing
economic growth. Small caps were still able to generate decent
returns, however, apart from in Japan where smaller, domestically
focused businesses suffered along with the rest of the market.
Equity returns Q4 2021
12%
9.8%
10%
7.7%
8%
6%
5.2%
5.1%
3.5%
4%
2%
0.9%
0%
-0.9%
-2%
-4%
-4.8%
-6%
UK Equities
UK Smaller
North American
North American
Companies
Equities
Smaller Companies
Source: Morningstar, 31.12.21
12 - Liontrust Multi-Asset Portfolio Services Quarterly Report: Q4 2021
European Equities
European Smaller
Companies
Japan Equities
Japanese Smaller
Companies
