Smalls caps to gain on Nasdaq improvements

Smaller companies fund managers expect volatility in new economy stocks will continue throughout the year, but anticipate recovery towards the end of 2000. Alistair Currie, smaller companies fund manager at Edinburgh Fund Managers, says he expects further volatility. However, expected improvement at year end is based on anticipated positive news flow emerging after the summer. He says this will lead to better sentiment towards smaller companies. An improvement in Nasdaq will also lead smaller companies to higher levels. Roger Whiteoak, smaller companies fund manager at Rathbones, expects...