It's lonely at the top for FTSE 100 index
As sterling plumbs the depths, foreign investors are withdrawing from British stocks and leaving domestic funds to push the benchmark bluechip index to record highs - for now.
But some investors are growing nervous about how long the sterling-based funds, insulated from the pound's slide and drawn by healthy dividend yields, will continue to fill the gap.
The FTSE 100's .FTSE sharp recovery from lows after Britons voted to leave the European Union in June stands in stark contrast to a darkening outlook for the pound and the domestic economy.
In sterling terms, London-listed stocks have... read more