Small cap, high-growth markets key to Europe

European small cap funds continue to power ahead, carried forward on the tide of IPOs and helped along by markets like the Neuer Markt and the Nouveau Marche. The big stories in the small cap sector are to be found in companies exploiting new technologies. Jonathan Sharpe, fund manager of the Gartmore Capital Strategy Continental European Smaller Companies fund, says: "Technology, media and the internet are the big buzz areas. A lot of the stories that played out in the US 10 years ago will now be played out in Europe." Marco Ricci, fund manager of Deutsche Asset Management's Europa fund, ...