The chart below shows the performance of the various Russell Global Market Cap Indices from 1999 thru 2010:
Click to enlarge
Source: Russell Investments
Some observations:
- In the period shown, emerging market small caps have been the best performers in most years.
- For most years, developed market large caps have been the weakest performers.
- Since 2001, emerging markets large caps have outperformed developed markets large caps.
- At the height of the global financial crisis in 2008, emerging market stocks of all caps fell heavily than developed world stocks but rebounded sharply in 2009.
