What’s happened so far this year?
Global markets had already rocketed forward by the end of 2016. The consensus view was that such a meteoric rise was not likely to continue into the new year. However the FTSE 100 consolidated much of the 2016 climb, finishing the quarter well off it’s peak, but still up 1.3% higher at 7303 points, adding 91 points over the three months.
We made no changes to any of our portfolios over the quarter, except that we had to give up our Fyffes shares in exchange for a very generous 45% profit. Continue reading “April 2017 Investment Review”