Global mid- and small-caps are expected to outperform this year, as the anticipated world market rec...
Global mid- and small-caps are expected to outperform this year, as the anticipated world market recovery draws ever closer. Ian McCleish, manager of the Scottish Investment Trust, is overweight small- and mid-caps on a global basis, believing there is more value to be found in this market, with blue chips looking fair value at best. McCleish is bullish on the outlook, leading to a gradual repositioning of the fund to a more aggressive stance. He says: 'We are not targeting sectors so much as individual companies and we are seeing value in mid-caps with opportunities, particularly ...
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