Momentum Global says global equities gain 5% in May as IPO boom lifts risk appetite

• Momentum Global flagged a risk-on surge in May 2026, citing IPO momentum and heavy demand for chip-related equities.
• Global equities rose 5%; Nasdaq gained 8.4%; MSCI Emerging Markets advanced 9.7%, led by Korea’s Kospi up 23%.
• Brent crude fell 19.3% in May as Hormuz deal expectations shifted, easing inflation pressure and supporting risk assets.
• Bonds lagged despite lower oil; US Treasuries returned 0.1% in May, while US high yield gained 0.5%.
• Strategy focus shifted to broader equity diversification, warning narrow leadership could amplify volatility while Treasuries carry higher idiosyncratic risk.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentum Global Investment Management Ltd. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.