Supported by positive returns in a broad majority of sectors, countries and factors, the S&P Europe 350® ended April with gains; the benchmark now stands with a double-digit total return for 2021.
The S&P United Kingdom outperformed in pound sterling terms this month, however the bulk of the European benchmark’s returns were contributed by French companies, who punched above their weight in April.
Information Technology, Real Estate and Momentum led the way up, while the European Energy and Value segments declined.