Has the FTSE 100 really performed as badly this century as it appears?
- Written by Enrico Onali, Professor of Finance, University of Exeter
Apple has become the first company worth US$2 trillion (£1.7 trillion), meaning that it is now more valuable than all the companies in the FTSE 100 (they add up to £1.5 trillion). This is extraordinary news about one American tech company, but it also points to the fact that FTSE 100 share prices have performed poorly against rival...
