The FINANCIAL -- 2020 was one of the most volatile years in living memory for the UK equity market. From a low point of 40% down in March, the Numis Smaller Companies Index (NSCI) staged a remarkable recovery, achieving an all-time high on the 29th December. The index finished the year with a total return of 1.1%. Over the 66-year history of the index, the annualised return on the NSCI is now 14.6%, which is 3.4% greater than the annualised return on the large-cap oriented FTSE All-Share.…
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