The Parametric index of European small-cap growth stocks was the best first-quarter performer of the 60 major regional indexes provided by Parametric Portfolio Associates. European small-cap growth stocks returned 10.5% in dollar terms; the next best performer of Parametric's major regional indexes was the midcap European stock index, which advanced 7.9%. In third place was small-cap Europe & Pacific stocks, which climbed 7.5%. Parametric's best performing index for North America was its midsize stock index, up 6.8%.
The worst performer for the quarter was Parametric's index of large-cap growth stocks in the Pacific region, whose performance fell 0.2%.
Parametric also provides an array of 288 country indexes. In that expanded group, the quarter's best performer was Parametric's index of Italian small growth stocks, up 32.5%.