New data shows the power of long-term investing: AIC

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New data shows the power of long-term investing: AIC

Following the intense market downturn of the past few weeks, many investors will be wondering about the prospects for their portfolios. However, new data from the Association of Investment Companies (AIC) proves the worth of the old adage that it's time in the market, not timing the market, that counts. The AIC data show that if an investor had invested £1,000 in the average investment company in October 2007, when the FTSE 100 was near its peak before the global financial crisis, that inv...

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.