A little went a long way: Why 2020 was the year of the small cap
Slight glimmer of hope on an ultimately dark year
2020 will hardly be the year the UK stockmarket covered itself in glory. According to data from FE fundinfo, writes Lauren Mason, the FTSE 100 index finished the year down 11.6%, compared to the MSCI World's gain of 12.3% – making it the worst-performing major regional stockmarket over the period.
Reasons for this are varied and subjective, but an index full of value-orientated and oil-focused stocks, an arguably erratic handling of the Covid-19 pandemic and prolonged Brexit uncertainty will have...
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