Risk appetite returned in June
Optimism among investors was evident in June, when global equity markets saw broad-based increases. All 11 Global Industry Classification Standard sectors (such as Information Technology, Health Care, Real Estate and Communication Services) saw progress with Consumer Discretionary at the top of the return hierarchy, up 9.9%, and Utilities at the bottom, up 2.3%. In June, Information Technology generated a return of 5.7%. Investors were attracted to the sector because of the focus on AI. Overall, MSCI ACWI increased by 5.8% measured in local currencies, while the index increased by 3.1% measured in DKK.
