Perceived risk hides small cap outperformance, says SLI
Small cap equities provide better risk-adjusted returns than large caps, despite higher volatility, said Andrew Paisley, manager of Standard Life Investment’s European Smaller Companies Fund.
Small Cap
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US equities after the Trump rally – any opportunities left?
It’s very easy to make the bear case for US equities right now: valuations are high, and the market has priced in all the good things it expects from Donald Trump and none of the bad stuff. But that may be too simplistic a view.
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Investors pile into European small cap ETFs
European small and midcap ETFs saw higher net inflows in February than their large cap equivalents, according to Blackrock data. Investors’ love for small caps coincides with an increasing appetite for cyclical assets.
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European equities hit record high, thanks to small caps
The overall European equity market hit a record high this week, thanks to the mid and small cap segment of the index.
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ANALYSIS: Small cap funds – the golden boys of European equities
European equity mid and small cap funds have outperformed their large cap counterparts by a factor of five over the past two years. Why has this been the case, and will the outperformance endure?
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European small caps: escape the closing jaws of death
Ken Nicholson, head of European equities at Mirabaud Asset Management, recalls how he was approached by Mirabaud last year to set up a European small cap equity fund whilst snorkelling off the Australian coast. In this interview, he explains why he eventually joined Mirabaud, and how he is preparing to escape the closing jaws of…
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Demand for emerging market equities evaporates
According to EIE’s freshest data, emerging market equities are battling for the unpopularity prize. While US equities remain the least popular equities, fewer European investors than ever before are looking to enter Asia.
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Fund selectors shift preference to large caps
Fund selectors in Europe have changed tack. A year ago they were strongly in favour of small caps, but now they believe it’s large caps that have the better return prospects, according to data gathered at EIE events across Europe this year.
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The Finns, the latest converts to EM small caps
Exactly half of the thirty-odd fund selectors attending the event said they have a preference for small caps within the emerging markets space. Only in Norway, there are more fans: six in 10 fund selectors there prefer small over large in EM. Over the past year, EM small cap managers have gradually found a more…
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Defiant Swedes keep faith in small caps
Swedish fund selectors have further increased their focus on small cap equities. Nowhere in Europe, smaller companies are as popular as in the Nordic nation.
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US equity returns fund managers
The S&P 500 had a great year, returning more than 15% during each month of the year on annual basis. But did asset management companies foresee this?
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European fund selectors shift to large caps
European fund selectors have adopted an increasing bias towards large cap stocks. The tendency is strongest for European equities.