As the 2015 financial year drew to close last fortnight, casual readers of the financial press may have had the impression that 2015 has seen a large degree of variation in the returns with the falls in oil in October and Greek Financial Crisis V2.0 in June. Contrary to the headlines which have reported the end of the mining boom, European financial crises and a weak domestic economy, the 2015 financial year has been average in terms of the dispersion of returns between the sectors. In this week’s piece we are going to be discussing the performance of the different industry sectors in the market both over the last 12 months and since 2000.
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