UK - Cash was the second best performing asset in 2001 with a return of 5.2%, according to research by ABN Amro and the London Business School.
It was beaten only by mid-term gilts which managed to achieve 5.3%.The survey – Global Investment Returns Yearbook 2002 – reveals that 2001 showed big performance differences across investment styles, with value stocks outperforming growth stocks.
The report noted that since 1900 value investment had beaten growth investing by, on average, 3 percentage points per year.
Investors in small cap value stocks did best of all with the Hoare Govett Smaller Companies Index making positive returns of over 15%.
By Jonathan Stapleton
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.