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
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
On balance the asset class is well-positioned for 2019, according to Eaton Vance