Knowledge Leaders Continue Their Outperformance YTD - DM Outperforming by 5%

The outperformance of the world's most knowledge intensive companies has continued over the last few weeks and in developed markets the outperformance gap relative to all developed market equities has widened. Indeed, our publicly available Gavekal Knowledge Leader Indexes for both DM and EM show outperformance of about 5% and 1% relative to their benchmarks, respectively, since the end of last year.

Our regular readers are probably aware by now of our focus on investing in global knowledge leaders. Our indexes (more information available here) are designed to be an easy way to track the performance of the world's most innovative companies.