% of main asset classes with positive
returns in that respective year
100%
100%
90%
83%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2018
2019
2020
2021
2022
2023
Source: Amundi Investment Institute, Bloomberg. 1 January 2024, on 30 asset classes (14 bonds, 6 equities, 3 commodities, 5 FX and 2 cash indices). Dashed line shows average since 2010.