Resource sector looks to have further to rise

Professional Adviser
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The global resources sector is benefiting from increasing consumer confidence, according to Andrew M...

The global resources sector is benefiting from increasing consumer confidence, according to Andrew Milligan, head of global strategy at Standard Life Investments. He points to the fact that resources made up some of the best performing sectors in the UK for the year to 26 March. From the start of the year, the FTSE All-Share steel and other metals index was up 21.53%, making it the top-performing sector in the All-Share over that time period, while the oil and gas index was up 11.79%, making it one of the top 10 best performers. Milligan sees a strong link between the economy picki...

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