RAM bullish on long term small-cap returns

Clark, the £100m RAM UK smaller companies fund manager, believes small caps will outperform the wider market over the next three years. While Clark admits it is hard to make short term predictions, he says the volatile conditions have thrown up some interesting opportunities, with some stocks seeing share price movements of up to 30% in a day. Clark remains underweight in the general retail and building sectors, while maintaining faith with the majority of stocks in his portfolio. “The market is fraught with difficulty and companies are being crucified for any bad news,” he says. “Hedge...