New research from Confluence explores the factor performance across the US, Europe, the UK, emerging markets and Canada in February.
Key findings from the report include:
- US equity performance in 2024 has exhibited remarkable strength, driven primarily by the concentration of large tech stocks.
- In Europe, Value stocks continued underperforming through February, extending the trend observed in January.
- Although stocks with a high return on equity were the top performers alongside Large Cap stocks and Momentum at 60bps, this was offset by underperformance from stocks with high earnings and sales growth stability.
