Momentum holds up in equity markets

Price momentum was the only equity investment style that saw positive returns across all regions, according to JP Morgan Global Quantitative and Derivatives Strategy.

Stock markets index momentum enjoyed an overall global return of 6.2% in the second quarter of 2015, being strongest in Ex-Asia emerging markets and Australia. This compares with other equity investment styles such as value and earnings with had negative or patchy performance over the same period, although quality outperformed momentum in several individual regions.