PMC Monthly Recap May 2026
Ten of the twelve asset classes tracked in this presentation recorded gains last month. Emerging markets generated especially strong growth in May, and developed markets also performed quite well.
Ten of the twelve asset classes tracked in this presentation recorded gains last month. Emerging markets generated especially strong growth in May, and developed markets also performed quite well. In the domestic realm, large caps outperformed small caps, but both ends of the capitalization spectrum enjoyed solid performance. For stocks, it was a month of smooth sailing.- The calm seas did not stretch into fixed income, though. Bond markets were buffeted by inflationary pressures, geopolitical instability, and interest rate swings throughout the month. Once the dust settled, however, every fixed income index tracked in this recap had posted positive results for May.- The good news ends with alternatives, though. Real Estate Investment Trusts(REITs) and commodities dipped last month. Their YTD performance remains strong, however.