The Financial Derivatives Company (FDC) disclosed this in
inflation vs investment return data released over the weekend for August 2021.
Among the four asset classes tracked by FDC, Nigerian equity
emerged the best hedge against inflation on a year on year (y-o-y) basis.
The data showed that NGX topped the list as it records y-o-y
return of 54.85 per cent against inflation rate of 17.38 per cent. It added
that Nigerian equity investors’ return beats inflation by 37.47 per cent. The
data indicated that US equities performance stood at 29.2 per cent; real estate
15.08 per cent and Treasury Bills rates offered 6.8 per cent.
Recall that the Nigerian equity market was named the
best-performing stock market in 2020 with over 50 per cent gain.