Mid-cap companies are the most appealing in the medium term despite the likelihood that large caps m...
Mid-cap companies are the most appealing in the medium term despite the likelihood that large caps may benefit the immediate aftermath of the Iraqi war, according to Sam Liddle, fund of funds manager at Miton Investments. Liddle says the indices being traded most at present are the large caps, but for investors looking for sustainability, the majority of the better dividend-paying UK stocks are in the Mid 250 Index. According to SalomonSmithBarney (SSB), world mid-cap value has outperformed large-cap value by 10.5%, 4.55% and 1.1% pa over the past three, five and 10 years respectively....
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