By Andy Brough, manager of the Schroder UK Mid-250 fund Investors who believe in recovery are p...
By Andy Brough, manager of the Schroder UK Mid-250 fund Investors who believe in recovery are placing their bets on the Mid-250 Index. If there is any doubt about this, take a look at the figures: in the final quarter of 2001, when markets began recovering from the shock of 11 September, it outperformed the FTSE 100 by nearly 10%. The Mid-250 has a far more diverse make-up than the FTSE 100. Many of the businesses in it have a strong domestic focus and are highly geared into the UK economy. Interest rates have been cut aggressively and so many households will have seen their cash ...
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