UBS – Global Investment Returns Yearbook, 2024

The UBS Global Investment Returns Yearbook 2024 provides insights into historical investment returns and risks in 35 markets since 1900. The Summary Edition presents four extracts from the full 290-page Yearbook, covering the purpose of the Yearbook, risks in equities and bonds, corporate bonds and the credit premium, and a summary of past yearbooks. The full Yearbook is authored by renowned financial historians and includes 13 chapters covering topics such as the evolution of equity and bond markets, the impact of inflation on returns, interest rate cycles, currency exchange rates, risk management, factor investing, and prospective returns. It also provides detailed historical statistical analysis of the performance of each country and index, data sources, and references. The Yearbook emphasizes the importance of taking a long-term perspective when understanding risk and return in the global investment landscape.