Indicators


GDP Growth Rate %
  Quarter* 2010 E 2011 E
US 5.60 3.10 2.90
UK 1.80 1.30 2.10
Euro Area 0.50 1.20 1.40
Japan 3.80 1.70 1.60
 
Inflation %
  Latest Year Ago 2010 E
US 2.10 0.20 2.20
UK 3.00 3.20 2.70
Euro Area 0.90 1.20 1.20
Japan -1.10 -0.10 -0.90
* % change on previous quarter, annual rate
SOURCE: ECONOMIST POLL (APRIL 3, 2010)

Equity Summary (in local currency)
Index Value Quarter (%)* 1 yr (%)* 5 yr (%)* 10 yr (%)*
S&P 500 1,169.43 5.39 49.77 1.92 -0.65
Russell 1000 Value 371.30 6.78 53.55 1.05 3.10
Russell 2000 1,686.60 8.85 62.76 3.36 3.68
EAFE $ 1,584.28 0.22 49.99 1.05 -1.01
EAFE Value $ 2,700.33 -0.95 53.07 -0.03 0.95
EAFE Small $ 148.42 4.19 66.20 1.47 4.22
FTSE 100 5,679.64 -0.44 59.19 2.29 1.46
FTSE 250 10,165.28 3.23 73.80 5.64 7.07
MSCI UK Value 4,103.78 -3.75 52.91 -4.73 -1.71
MSCI Europe 1,158.05 3.51 49.44 4.13 -0.45
MSCI Europe Value 1,998.12 2.04 56.04 2.89 1.71
MSCI Europe Small 219.58 9.05 74.11 6.43 -
MSCI Emg. Mkt. $ 1,010.33 2.41 81.08 15.65 -
MSCI AC World $ 307.40 3.13 55.48 3.94 0.62
* Annualised Total Return
SOURCE: MORNINGSTAR (MARCH 31, 2010)

Fixed Income Summary
Index YTM % Total Return YTD (%) Spread to benchmark (bps)
US Invt Grade (CS LUCI) 4.59 1.65 118.30
UK Invt Grade (CS LEI) 4.50 2.48 106.30
EUR  Invt Grade (CS LEI) 2.88 2.52 94.10
EUR  Invt Grade (CS LEI) 6.36 3.45 244.00
CS HY Index 13.69 4.33 589.00
 
Foreign Exchange
Index Spot Rate End 2009 Change
GBP/USD 1.517 1.615 -6.46%
EUR/USD 1.353 1.435 -6.06%
GBP/EUR 1.121 1.125 -0.36%
USD/JPY 93.44 93.10 -0.36%
GBP/JPY 141.70 150.30 6.07%
CHF/USD 0.950 0.967 1.79%
SOURCE CREDIT SUISSE (MARCH 29, 2010)
  
SOURCE: FINANCIAL TIMES (MARCH 31, 2010)

Interest Rates %
  CBR* 3M 12M 10 yr
US 0.00 - 0.25 0.2915 0.9200 3.8400
UK 0.50 0.6472 1.3181 3.9500
Euro Area (DE) 1.00 0.5775 1.1888 3.0900
Switzerland 0.00 - 0.75 0.2467 0.6383 1.9000
Japan 0.10 0.2419 0.6775 1.4100
 
Real Assets
  Price Quarter
(%)*		 1 yr
(%)*		 5 yr
(%)*		 10 yr
(%)*
Gold 1,112.50 2.57 21.71 21.15 14.96
Oil (WTI) 83.38 5.11 68.11 8.57 12.00
GSCI Commodity 4,493.68 -0.89 25.87 -6.94 3.72
S&P Global REITs 251.84 5.27 88.27 2.32 11.42
* Central Bank Rate
SOURCE: FINANCIAL TIMES (MARCH 31, 2010)
   * Annualised Total Return
SOURCE: MORNINGSTAR (MARCH 31, 2010)

Economic Indicators
  Unemployment
(%)		 Current A/C
Balance*		 Budget
Balance*		 Industrial
Production
US 9.70 -3.20 -11.10 1.70
UK 7.80 -1.10 -13.50 -1.50
Euro Area 9.90 -0.40 -7.20 1.40
Japan 4.90 2.80 -7.80 31.30
 
Volatility Index
Index Current End
2009		 YTD % Change 52 Week Hi 52 Week Low
VIX (S&P500) 17.59 21.68 -18.87 46.28 16.17
VDAX (DAX) 16.88 20.84 -19.00 24.95 16.39
* % of GDP 2010 estimate
SOURCE: ECONOMIST POLL (APRIL 3, 2010))
    
SOURCE: FINANCIAL TIMES (MARCH 31, 2010)

^ back to top

MASECO Financial

10 Charles II Street
London, SW1Y 4AA
United Kingdom

T +44 (0) 20 7043 0455
F +44 (0) 20 7043 0456
E enquiries@MASECOfinancial.com