Companies run by chief executives aged 60 or older are more likely to see their share prices rise than those headed by younger generations, according to a survey commissioned by Capital Spreads, a spread betting group.

The findings, which came from an analysis of FTSE 100 companies in the past 12 months, appear to show a direct link between experience and shareholder returns. Of the six age brackets plotted in the research, 60 to 65-year-olds were the only grouping that showed an increase in share price in the period.