Annual vs. Seven-Year Total Return

Over the seven year period, most APAC cities have outperformed the global index.

Global Market Comparison

Source: MSCI
Source: MSCI

How have cities in the Asia Pacific region performed relative to a global benchmark in recent years? We measure the annualized seven year total return for each city on the vertical axis and the annual return correlation to the global index on the horizontal axis.

Over the seven year period, most APAC cities have outperformed the global index. The Japanese cities (highlighted in yellow), Wellington, Seoul, Singapore, Shanghai and Canberra are the exceptions. Most APAC cities were also positively correlated with the global index return to varying degrees. The highest correlations were in the Australian east coast markets of Sydney, Melbourne and Brisbane though it is also worth noting that Perth and Canberra had some of the most negative correlations.