The dangers of tracking an index

Viewpoint

In the aftermath of the Isa season, it is interesting to note that despite the market having risen s...

In the aftermath of the Isa season, it is interesting to note that despite the market having risen some 33% from its all-time low last year, there is still a strong element of caution from many investors. While this is understandable, as the FTSE 100 is still some 2,500 points below its all-time high of four years ago, surely there must be some scope for optimism over the coming years? Nevertheless, some investors may still be worried about another fall of significant proportions. In those bygone days when the FTSE 100 was powering away out of sight, many institutions decided to embrace th...