Rothschilds tilts portfolios towards smaller companies

Rothschild Asset Management is tilting its funds of funds products towards small caps in anticipation of economic recovery towards the end of this year. Bambos Hambi, head of portfolio services at Rothschilds, said he favoured small and mid-caps over blue chips in every geographic area apart from Asia and emerging markets, where managers in small caps can have problems with liquidity getting into and out of stocks.He added that even in Asia, Rothschilds' small and mid-cap biased fund of choice, Invesco Perpetual's offshore Asian Equity Markets fund, had been the portfolio's best performer...