The FTSE

ganganvince said:
Strange how my pension pot isn't at an all time bloody high
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The FTSE-100 is doing particularly well at the moment. Most other indexes across the world are still quite a way off their peaks. It would be nice if the FTSE-100 was a reflection of the strength of the UK economy but unfortunately the biggest companies have most of their operations outside the UK and include two of the energy giants (Shell and BP) and one big pharmaceutical (AZ) that are doing particularly well. The FTMC which better represents the UK economy is around 15% off its peak. It's likely that your pension pot will be spread amongst many sectors, asset classes and geographies, most of which are not doing anywhere near as well as the FTSE-100.
 
ganganvince said:
Strange how my pension pot isn't at an all time bloody high
Click to expand...
You can't really extrapolate the performance of the 100 biggest companies in the UK and apply it to the entire stock market. If your pension was solely invested in the FTSE 100 that would be pretty mad.

The likelihood is that your pension is invested in tens of thousands of companies all over the world. That's a much more sensible thing to do, despite the recent comparison with the FTSE 100.
 
west didsblue said:
The FTSE-100 is doing particularly well at the moment. Most other indexes across the world are still quite a way off their peaks. It would be nice if the FTSE-100 was a reflection of the strength of the UK economy but unfortunately the biggest companies have most of their operations outside the UK and include two of the energy giants (Shell and BP) and one big pharmaceutical (AZ) that are doing particularly well. The FTMC which better represents the UK economy is around 15% off its peak. It's likely that your pension pot will be spread amongst many sectors, asset classes and geographies, most of which are not doing anywhere near as well as the FTSE-100.
Click to expand...
That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
 
journolud said:
That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
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Another thing to remember is that in any collective investment plan there are management fees to pay. Investments just don't happen. Someone has to research these Investments and is under pressure to perform. This research doesn't come cheap unfortunately.
 
journolud said:
That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
Click to expand...
If you didn’t know that, then I would suggest you need some advice to explain how it all works and to do a proper analysis of where you’re invested.
 
www.wsj.com

Four Biggest U.S. Banks Lose $52 Billion in Market Value

The four biggest U.S. banks lost $52 billion of market value Thursday, part of a broad rout across financial stocks. Bank investors were spooked by SVB Financial Group's [decision to sell a large chunk of its securities portfolio](https://www.wsj.com/articles/bond-losses-push-silicon-valley-bank-pa
www.wsj.com www.wsj.com


Does this mean we're all fucked?
 
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