Small caps benefit from rebound in media stocks

The energy sector remains an attractive option for managers switching out of technology stocks. The rise in oil prices this year has been a positive for energy companies both large and small. Hill Samuel US Smaller Companies unit trust has increased its exposure to the sector. Jenny Hayward, fund manager at the group, says: "The sector has benefited from the 100% increase in oil prices from the lows at the end of last year. We have built up our exposure in exploration stocks and some oil services companies. Similarly, Gartmore US Smaller Companies unit trust has also been favouring energ...