Northern Trust Universe Data: Returns Stumbled in Q3 Under Stress from Inflation and Continued Interest Rate Hikes

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Nov 09, 2022

Global markets ended the third quarter of 2022 in negative territory after central banks reaffirmed their commitment to fight inflation by raising interest rates. As markets continued to sell off, the median return for institutional asset owners included in the Northern Trust All Funds Over $100 million plan universe was -4.2% for the quarter ending September 30, 2022.