The S&P Europe 350® closed the first quarter of 2021 with a strongly positive total return, as a wide range of contributors helped the benchmark to a strong finish; every one of the benchmark’s sector and factor indices gained in March.
Energy was the best-performing S&P Europe 350 sector in Q1, but a resurgent Financials was close behind. Real Estate and Utilities were the laggards.
The United Kingdom’s fixed income markets hosted a sale in the first quarter, with both nominal and inflation-linked bonds posting large declines.
