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October a frightful month for global investors
By Robin Wigglesworth, Nicole Bullock, Kate Allen,Joe Rennison
Global markets have suffered a frightful October, with Tuesday’s tumble taking the FTSE All World index’s loss this month so far to a whopping 7.3 per cent, its worst performance since the peak of the eurozone crisis in 2012.
Of the global equity benchmark’s 3,211 members, almost a third have lost more than 20 per cent of their value this year in dollar terms. Well over half are down at least 10 per cent and, as of the end of Tuesday, only 853 companies are still in positive territory for 2018.
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