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Mar 2 2020, 16:40 GMT
The MSCI AC World Index continued its 2020 losses in February, falling 7.7%. The monthly performance brings the benchmark’s year-to-date (ytd) loss to 8.4%. The catalyst again, for the second consecutive month, was increased concerns over the containment of coronavirus. The virus has now spread more widely outside China, with confirmed cases in numerous countries. Developed markets fell 8.2% (-8.5% ytd), while emerging markets dropped 3.9% (-7.1% ytd) in the month.