全球流动性-2025 数据透视-Global In the Flow-2025 by the Numbers

January 2, 2026 08:24 PM GMT Global In the Flow 2025 by the Numbers The Morgan Stanley Cross-Asset Strategy team wishes all a Happy New Year. Performance – All major markets gained Global equities posted strong gains last year, with the ACWI closing at +22.9%. MSCI EU (+36.3%) led DM returns, and MSCI Korea (+100.8%) led EM returns. In fixed income assets, EM $ Sov. (+13.1%) saw the best performance. The US dollar (-9.4%) underperformed G10 currencies. Gold (+64.4%) saw its best year on record. 2017 2018 20 ...