London Stock Exchange Group Plc · LSE:LSEG
London Stock Exchange — Investor Presentation (November 2024)
12 slides from London Stock Exchange's investor presentation, November 2024
Slide 1: Macro Microscope: Unusual Market Trends: Signs of Regime Change?
Macro Microscope Unusual Market Trends: Signs of Regime Change? Indrani De John Dioufas Head of Global Investment Director, Datastream and Research Macroeconomics FTSE Russell, LSEG LSEG
Slide 2: FTSE Russell is not an investment firm and this is not investment advice
FTSE Russell is not an investment firm and this presentation is not advice about any investment activity. None of the information in this presentation or reference to a FTSE Russell index constitutes an offer to buy or sell, or a promotion of a security. This presentation is solely for informational
Slide 3: Gold has outperformed equities in return and risk-adjusted return
Gold has outperformed equities in terms of return & risk-adjusted risk One year return of Gold was also as high as Russell 1000 50 Asset Class 1Y Return/Risk Ratio Gold 4.06 US 3.46 Russell 1000 3.41 40 All-World ex Eurozone 3.20 Gold US US High Yield 3.12 Russell 1000 All-World ex Eurozone Russell
Slide 4: Non-US Markets performing better compared to GFC to Covid period
Non-US Markets performing better compared to [GFC to Covid] period Performances of Emerging Markets, UK and Japan are significantly better compared to 2008-2020 period Regional FTSE Index Performances (Annualized, Regional FTSE Index Performances (Annualized, sorted by YTD Performances) sorted by 20
Slide 5: Utilities outperform Technology Stocks year to date in the US
Utilities outperform Technology Stocks year to date in the US YTD Regional Industry Returns (TR, USD) Dev Eur ex All-World US UK Japan Dev AP ex JP Emerging UK Index Return 16.2 20.8 10.2 6.0 8.0 0.7 15.7 Basic Materials -0.3 9.1 -3.4 -4.1 -2.9 -16.1 -2.0 Consumer Disc. 11.1 15.8 13.0 -5.1 0.4 2.8 1
Slide 6: US Long-end rates increased post FED Rate cut – unusual pattern this time
US Long-end rates increased post FED Rate cut – unusual pattern this time Looking into last five FED rate cuts, this is an exceptional increase in 10Y rate US 10 Year Rate during FED Cuts 6.00 5.5 5.1 4.8 5.00 4.3 4.00 4.0 4.2 • Despite the Federal Reserve’s 3.00 rate cut in September, yields 2.1 2.
Slide 7: Changing landscape for Global Trade
Changing landscape for Global Trade IMF Reports that trade between the Western bloc vs the rest is declining 0 • Following years of disruptions, such as the COVID-19 -1 pandemic and Russia's invasion of Ukraine, nations -2 are reassessing their trade relationships with a focus on -3 economic stabili
Slide 8: India becoming a major player within Emerging Markets
India becoming a major player within Emerging Markets India has significantly increased its weight within FTSE Emerging Index in the last 4 years FTSE Emerging Country Weights 100 90 • India’s influence in global trade 80 flows, particularly within 70 60 emerging markets, has been 50 steadily expand
Slide 9: US Non-Farm Payrolls – Multiple Economic Surprises
US Non-Farm Payrolls – Multiple Economic Surprises 6 extraordinary economic surprises in the last 12 data releases Source: LSEG Workspace. Data to November 06, 2024. Past performance is no guarantee of future results. Please see the end for important legal disclosures Macro Microscope - Episode 5 9
Slide 10: US: Non-Farm Payrolls 3M Average vs Unemployment Rate
US: Non-Farm Payrolls 3M Average vs Unemployment Rate Unemployment Rate increasing while the 3M Average for Non-Farm Payrolls decreasing Source: LSEG Datastream. Data to November 06, 2024. Past performance is no guarantee of future results. Please see the end for important legal disclosures Macro Mi
Slide 11: US Employment: Job Openings vs Job Quits
US Employment: Job Openings vs Job Quits Businesses and Households in the US behaving conservatively due to economic uncertainty Source: LSEG Datastream. Data to November 06, 2024. Past performance is no guarantee of future results. Please see the end for important legal disclosures Macro Microscope
Slide 12: Disclaimer
Disclaimer © 2024 London Stock Exchange Group plc and its applicable group undertakings (LSEG). LSEG includes (1) FTSE International Limited (“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada
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