More than 50 UK companies have outperformed the FTSE All Share over one, five and 10 years.
Sausage rolls, Mr Kipling cakes and supermarket snacks have proven to be rewarding treats for consumers and shareholders alike, propelling Greggs, Premier Foods and Tesco into the ranks of companies whose share prices have beaten the FTSE All Share over one, five and 10 years.
Research by AJ Bell found that 51 stocks in the FTSE 350 index (excluding investment trusts) have outperformed the market across these time periods, led by the London Stock Exchange, Harry Potter’s publisher Bloomsbury and car insurer Admiral.
Additionally, 26 stocks investment trusts have beaten the FTSE All Share over the past one, five and 10 years.
Dan Coatsworth, investment analyst at AJ Bell, thinks this is an opportune time to revisit “Britain’s depth and breadth of quality businesses”.
One of the catalysts for performance this year has been the undervalued UK market’s current status as a “hotspot for takeovers”, with bids pushing up share prices, he added.
Furthermore, the UK is starting to…