The MSCI World Healthcare Net Return (NR) Index posted a -4.88% loss in October 2020. The MSCI World NR Index was down -3.07%.
Global equity markets remained volatile during the month. The rising number of COVID-19 cases and new containment measures lead to a deja-vu correction in the last few days of October.
The MSCI World Healthcare Net Return (NR) Index rose by 9.0% in November 2020 and the MSCI World NR Index gained 12.8%. November was the best month for global equities year-to-date (12.8%), with cyclicals outperforming defensive sectors.
In September 2020 the MSCI World Healthcare Net Return (NR) Index returned -1.4%. The MSCI World NR Index decreased by -3.5%. Healthcare extended its outperformance over global equities to 4.6% year-to-date.
The COVID-19 pandemic has hit us on the left foot and is hitting poor countries hard, especially, but not only. But as in every crisis, the COVID-19 pandemic opens up new opportunities, especially for sustainable and impact-oriented investors in the health sector.