Investment Strategy Review to 31 January 2020

Investment Markets Commentary

Stock markets have continued to reach new highs over the last twelve months, even though forecasts for economic growth were reduced due to the impact of the US / China trade disagreements and the Brexit saga. Chart 1 shows how the FTSE World Total Return index has progressed over the last decade. Long term investors have been rewarded with 10 years of strong gains after the difficulties of the Global Financial Crisis during 2008 and 2009.

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