Mid-cap area of market is offering better value

UK investors have begun to tire of safe-haven plays focused on large-cap stocks. Market watchers say little value remains at the top end and with economic recovery beckoning, the upside potential of small and mid-cap stocks is becoming more apparent. Perpetual Income and Growth investment trust manager Mark Barnett says he is more negative on the mega caps ' the top half of the FTSE 100 ' than any other area of the market. 'While they are important in terms of where the index is moving week by week, they are not that interesting to me and they have not been for a while,' he says. 'F...