Current market trends to continue

Fund manager's comment/Alan Miller Since the beginning of the year a strange phenomenon has been taking place. The FTSE 100 Index, which rose by 17.46% last year, has begun to stumble as investors have started to take notice of the turnaround in the small- and mid-cap sectors. Last year the only investment principle that seemed to matter was the size and valuation of a company. The larger the size the safer the investment was perceived to be. Many institutions and fund managers appeared to give up on smaller companies as the sector had underperformed its larger index for five years. As a...