UK investors make tremendous losses through unreclaimed withholding tax on cross-border securities, but systems used by institutional investors are now being adapted to make this process easier
After the millennium, world stock markets saw a major correction. By mid 2003, the market capitalisation of global equities markets had fallen by 18.9%. US markets, which represent around half of all world markets, saw capital values fall a full 20%. Over the same period, the global bond market grew strongly as capital fled to lower yield and risk instruments. Since 2003, however, markets have recovered strongly. According to figures from the International Federation of Stock Exchanges, equities markets had seen recovery growth of some 39% globally, and there was almost a doubling of value ...
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