Most asset classes bled in the first 6 months of CY22, shows data

Most popular asset classes suffered heavy blows during the first half of 2022, following the move by central banks to go for aggressive monetary tightening in a bid to control runaway inflation. Riskier classes, such as cryptocurrencies and small-cap stocks, cracked the most amid a flight to safety among investors.

Domestic large-caps performed well when compared with global peers, with the Sensex dropping 9 per cent in the first six months of CY22 against a 20 per cent fall in the MSCI World index. Investors had few avenues to hide as debt instruments, too, logged negative returns amid the hardening of