Credit Suisse 2017 Feb：The 2017 Global Investment Returns Yearbook – Summary Edition，60页

This publication is a summary version of the full Credit Suisse Global Investment Returns Yearbook 2017, available in hardcopy only. Please contact your Credit Suisse representative for further details.

Credit Suisse is proud to publish the 2017 edition of the Global Investment Returns Yearbook, now incorporating the Global Investment Returns Sourcebook in a single publication. The Yearbook is produced in conjunction with Elroy Dimson, Paul Marsh and Mike Staunton, recognized as the leading authorities on the analysis of the long-run performance and trends of stocks, bonds, Treasury bills (cash), inflation and currencies. The core of the Credit Suisse Global Investment Returns Yearbook project provides an analysis of investment returns stretching back 117 years, spanning all five asset categories in 23 countries across North America, Asia, Europe and Africa coupled with an overall global aggregate. For those grappling with suitable parameters to judge relative valuation among the respective asset classes and also for specific company valuation, long-run series of equity risk premiums and real dividend growth provide valuable guidance.