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Sep 2 2019, 15:30 IST/BST
The MSCI AC World Index fell 2.2% in August, with the loss reducing the year-to-date (ytd) gain to 12.9%. It was the second monthly loss in 2019 for the index (it fell 6.1% in May), and once again concerns over the escalation of the on-going trade war between the US and China was the primary catalyst. Emerging markets continued to struggle, falling 2.7% (+4.2% ytd) against a 2.1% decline (+14.1% ytd) for developed markets.