Credit Suisse Research Institute publishes 2018 Global Investment yearbook
Co-publishing with London Business School faculty, the Credit Suisse Research Institute recently released its 2018 edition of the Credit Suisse Global Investment Returns Yearbook, providing data for nearly two dozen nationwide stock and bond markets.
Serving as an industry benchmark, the newest volume assesses the magnitude of the industrial revolution over the last century, noting the corresponding development of emerging nations.
Authors Elroy Dimson, Paul Marsh and Mike Staunton, all affiliated with London Business School, evaluated equities, bonds, cash and currency results for the year, including investment methods and performance of commodities including housing, precious metals and even collectibles.
The yearbook keeps tabs on the pulse of global economy, tracking stocks, bonds, bills, inflation and legal tender. This year for the first time, the Credit Suisse Research Institute also examines private assets “from collectible stamps to fine wine” to assay returns over time.
"The importance of a long-term view when seeking to understand the nature of risk and return in the world’s markets remains” the three authors wrote. “Over the long run, equity returns still dominate bond and bill returns."
Richard Kersley of the Credit Suisse Research Institute added that the annual publication ranks as “not only the most comprehensive of sources for the analysis of historic investment returns, but also a lens through which to gain perspective on the here and now.”