Global equity markets were predominantly stronger during the September quarter, with US markets closing at all time highs, buoyed by positive economic data such as strengthening US manufacturing, and optimism around potential corporate tax reductions. The S&P500 was +4.0%. European markets were also generally higher (FTSE100 +0.8%, DAX +4.1%), whilst Asian markets were a little more mixed (China Shanghai 4.9%, Hang Seng +6.9%, Nikkei 225 +1.6%). Domestically, the S&P/ASX 200 Accumulation Index closed the quarter +0.7%.
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