Investment Newsletter - January 2014

Page 1

Investment Newsletter January 2014

A Happy New Year to all By Mike Deverell Investment Manager

2013 was a very kind year for most investors and December turned out to be a good month after a difficult start. We eventually saw the usual “Santa Rally”, the FTSE 100 finishing the year at 6,749 after beginning December at 6,650. It didn’t look like it would happen for a while, especially when the index dropped to 6,440 on 13 December. However, the subsequent rise means that the FTSE 100 has gone up in December every year except one since it was created in 1984. Given how much the FTSE 100 is ingrained in most UK investors’ psyche it always surprises me it is only 30 years old this year!

Equilibrium Asset Management LLP (a limited liability partnership) is authorised and regulated by the Financial Conduct Authority. Equilibrium Asset Management is entered on the Financial Services Register under reference 452261. The FCA regulates advice which we provide on investment and insurance business; however it does not regulate advice which we provide purely in respect of taxation matters. Copyright Equilibrium Asset Management LLP. Not to be reproduced without permission


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Investment Newsletter - January 2014 by Equilibrium Financial Planning LLP - Issuu