The bull market of the early 1970s in the US was largely driven by a group of 50 'blue-chip' growth stocks called the 'Nifty Fifty' and included companies such as Xerox, IBM, Coca-Cola and Polaroid.
They were famously deemed as a 'one decision' trade to be bought and never sold. Their valuation reached an average P/E of 42x in 1972 before falling significantly from 1973, following the end of the...
Firms must ‘turn technology against criminals’
Range of strategies available
Spent ten years at Stonehage Fleming
Early this summer, the Financial Reporting Council (FRC) is due to publish a revised version of the UK Corporate Governance Code, which is expected to include new guidance affecting the composition of boards and shareholder voting practices.
Annual impact report