Richard Plackett and Roland Arnold, co-managers of BlackRock's UK Special Situations fund, offer their tips on how to find winners in the small- and mid-cap space.
Current macro data from the US is encouraging and there are clear signs the UK economy is beginning to improve. Meanwhile, economic conditions in Europe, though still weak, appear to have stabilised in recent months. While sentiment towards some emerging markets has deteriorated, overall global GDP growth remains steady and equity valuations continue to look attractive relative to other assets. While larger, more established companies typically outperform smaller, more growth-oriented stocks during periods of market uncertainty, small- and mid-cap stocks have tended to do better when ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes