MAPS Quarterly Updates: Q2 2024

by Irish Life Financial Services
Written by Irish Life staff
Market News • 19 July 2024 • 2 min read

Market Snapshot: Q2 2024
Global equities rose by 3.5%, supported by healthy economic activity.
Some slowing in the US didn't mitigate the benefit of potential interest rate cuts in 2024.
AI investments helped to push equity indices to new historical highs, with Nvidia briefly becoming the world's largest public company.
Positive sentiment towards technology stocks helped emerging market equities increase by 6.3%.
Each quarter, Irish Life Investment Managers (ILIM) produce a summary of the previous three months' market movements as pertains to Irish Life Multi-Asset Portfolios (MAPS) funds.