Having started the year at 1,894, the FTSE All-Share touched a low of 1,593 in mid-March, at the beg...
Having started the year at 1,894, the FTSE All-Share touched a low of 1,593 in mid-March, at the beginning of the hostilities in Iraq. Following a relatively quick end to the main conflict stage the market has since rallied strongly to 1950. After adding back income this equates to a total return of just over 6.0% in the first six months of the year. So where do we go from here? At the beginning of this year we were of the belief that the UK market would do well to produce a total return in the region of 8%. This was to be made up of the following components: 2.0% GDP growth, 2....
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