Amid the unfolding global pandemic and economic downturn, equities plunged during the first quarter. The S&P 500 Index returned -19.6% and the MSCI World Index posted three-month returns of -21.05%, as developed and emerging markets indexes were all down steeply.
Among gender lens indexes, the MSCI World Women’s Leadership Index declined 25.63%, and the MSCI USA Women’s Leadership Index fell 24.96%. The Solactive Equileap Global Gender Equality 100 Leadership Index returned -23.90%. The Bloomberg Gender Equality Index, which announced a 2020 expansion from 230 to 325 companies in 42 countries, posted a decline of over 30%.
How did gender lens funds fare in the first quarter?[Read more…] about Q1 2020 Overview – Gender Lens Equity Funds: The First Major Test