Trustnet Magazine 94 April 2023 | Page 49

IA North America

THE LAST DANCE ?

Changing economic conditions mean the party in the US stock market may be drawing to a close . Adam Lewis discovers how fund managers are still eking out value

Having returned 267.9 % over the past 10 years and 517.7 % over the past 15 , it ’ s fair to say the US market has been the place to be for UK investors since the financial crisis . Thanks to the growing dominance of the tech sector – with brands such as Amazon , Netflix and Facebook becoming household names – and the performance of growth stocks in general , investors piled into a market
Issue 94 - April 2023 / 49 /