Bull and Bear meet up to discuss the release of the MSCI/ IPF UK Quarterly Market Results for Q1 2023 which took place on Thursday morning.
The Index total return for the year to 31 March 2023 was -13.1%, with all sectors, barring healthcare, recording negative returns over the twelve-month period.
Encouragingly, however, the Index posted an improved total return of 0.1% for Q1 2023, with capital value falls appearing to have moderated. Retail was the best performing sector over the quarter, last ranking top back in 2009!
The session concluded with a fascinating discussion about the creation of the UK Property Index back in the mid-1980s and an assessment of how the real estate industry, and in particular its reliance on data, has evolved since.
Enjoy your Sunday.