Another good year for sterling investors in the world stock markets
At first sight, the results from the world’s main share markets in 2016 appear mixed, but that’s before currency effects are considered. Index 2016 Change FTSE 100 +14.4 FTSE All-Share +12.5% Dow Jones Industrial +13.4% Standard & Poor’s 500 +9.5% Nikkei 225 + 0.4% Euro Stoxx 50 (€) + 0.7% Shanghai Composite - 12.3% MSCI Emerging Markets (£) +29.5% Drilling into the raw...