PSigma lauds US large caps ahead of fund launch

The firm's comments come as it prepares for the launch next month of the PSigma American Growth fund, which will be run on behalf of the firm by Centre Asset Management’s James Abate. PSigma says large cap stocks have underperformed mid cap and small cap equities but predicts that trend is coming to an end. It says one of the main reasons for its optimism is that the housing and sub-prime crisis will likely help to lower inflation and lead to a “positive” re-rating of asset-heavy companies. Abate says: “We see an excellent opportunity for investors in the large cap segment of the US stoc...