Liontrust MA Quarter In Review Q3-2022 15.11.22 (Spreads) - Flipbook - Page 15
Global large cap vs small cap and value vs growth
Large cap and value reverse relative performances
Small caps broadly outperformed large caps over the quarter from
a global perspective in a reverse of last quarter – higher risk assets
have been under pressure for most of this year. Both categories
were still in negative territory, although not as substantially as in
Q2. The rotation towards value stocks seen in previous quarters
also reversed, with growth stocks falling relatively less this quarter.
Global large cap versus small cap returns Q3 2022
Global growth versus value returns Q3 2022
0%
0%
-2%
-2%
-4%
-4%
-5.1%
-5.3%
-6%
-6%
-6.2%
-6.2%
-6.2%
-7.2%
-8%
-8%
-10%
-10%
MSCI World Large Cap
MSCI World
MSCI World Small Cap
MSCI World Value
MSCI World
MSCI World Growth
NR USD
NR USD
NR USD
NR USD
NR USD
NR USD
Source: Morningstar, 30.09.22. 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: Q3 2022 - 15
