The Impact of Design on Stock Market Performance
Design Council: The study has charted the performance of companies grouped together for their consistent showing in design award schemes. It has discovered that a Design Index of 63 companies and a further Emerging Index have held their lead over the stock market as a whole during bull and bear markets as well as during the recovery period which began in 2003. Since then, the Design Index has grown by 43 per cent and the Emerging Index has risen by 74.3 per cent, compared to 26.2 per cent growth for the FTSE 100 Index.
The Design Portfolio peaked in the week of 28 February 2000, at a 296% gain on its starting value and a rise of 20.4% over the previous week. This was driven by a more than 200% increase in the share price of Cambridge Antibody Technology Group plc (CAT) as the company announced a series of developments, culminating in a strategic alliance in the human genome area. Other stocks with interests in biotechnology also stoked the rise. In ensuing weeks, the Design Portfolio fell back to its level of early February 2000 with a continued outperformance of the two FTSE indices.
Also see: UX Fund Matures, Up 39.3%
