I invest in the same stock market as everyone else and am down this year. But one of our shares listed in London has soared, Antofagasta ANFGF, a Chilean copper miner. It is up another 4.67% this week. We got it cheaply after a leftist won the Chilean presidency and talked about nationalization which is not going to happen. Note that UK-listed shares, in general, have behaved better than other western markets.
Our other winners there include AstraZeneca AZN, GlaxoSmithKline GSK, and Hikma HKMPY, drug makers; Aberdeen PLC (now ABRDN for some reason); BAE Systems (BAESY) which makes weapons for armies Britain sells to (like the USA); British Telecom and Vodafone VOD (telcos); CRH (cement), SSE (a ute); and my largest holding in the mother country, Tesco, a supermarket chain I have owned since I moved to London as a young bride and discovered how badly Britain needed to copy us. It was then called Victor Value.
Only a few US stocks are doing as well, Corteva (CTVA) a recent stitch-up, and AT&T T of all things. Our big losers are Franklin Resources BEN, a fund manager, and Bank of New York Mellon BK, a bank there is one big negative, my stake in Trans-Siberian Gold, which was bought out by a Russian group. The payout which I voted for did not apply to the US even before the boycotts and I am down in this share despite having asked to get the payment delivered to our London pied a terre.
There are no exchange controls between the UK and the US, whatever happens with Russia. And they also refused to send it to my properly British sister-in-law or my UK subject husband. The shares are now being held in Cyprus of all places. I bought them in London after meeting two US investors who belonged to the Harvard Club in Cambridge (the UK college town) who were promoting this stock. I bet they got their money.
