Wealth Management Review - China sparks a global sell-off

China sparks a global sell-off  Concerns about Chinese growth and the health of its financial system led to major shock waves across global financial markets. The Shanghai Composite equity index fell despite major interventions from the Chinese authorities from 5,166 in mid-June to its low of only 2,927 on 26 August - a loss of almost 45%. This has led to major global contagion; emerging market equities were especially hard hit, falling 9.0% in August. The MSCI developed markets equity index declined 6.6% in the same pe-riod. The EuroStoxx50 index fell 9.1%, followed by the Nikkei index, which declined

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August 2015 Blue Horizon Wealth Management Partners