Rebalancing the Global Playbook: Equity Opportunities Beyond the US

Schroders’ Strategic Research Unit presents the May 2025 Equity Lens, offering a data-rich, global perspective on market leadership, valuation trends, and sector rotation following a volatile start to the year.

Key Insights:

• Europe Surges Ahead: Europe has outperformed the US by 22% YTD — its third-strongest relative start in 50+ years.

• Global Breadth Returns: ~90% of MSCI ACWI constituents outperformed the US and the “Mag 7” in recent months.

• Valuation Gaps Narrow: Japan and small caps remain deeply undervalued; the US premium is shrinking.

Next Step:
Dive into the full report for detailed regional data, factor insights, and portfolio positioning ideas.