Stock market buyers have seen bumper returns, with the FTSE 100 hovering after the Brexit vote. We ask a number of the largest names within the enterprise for their 2017 predictions
The FTSE 100 index of Britain’s largest inventory market-listed corporations has loved its strongest year since 2009, leaping from 6,137 firstly of the year to the touch almost 7,000 this week. Wall Street’s S&P 500 has hit document highs, with British buyers gaining much more in sterling phrases due to the autumn within the foreign money. This has meant that a number of the largest funds well-liked with small buyers – similar to M&G’s £6.3bn Global Dividend – have made good points of almost 40% over the previous year.
But not everybody has shared within the social gathering. The single largest fund within the UK, Standard Life’s £26.3bn Global Absolute Return Strategies, has managed to lose cash when virtually everybody else has been coining it. The fund is down three.three% over the previous 12 months, in contrast with the 17% achieve made by UK index-tracking funds over the identical interval.