Close urges small cap investing

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Investors should take advantage of opportunities to invest in small caps while valuations are at attractive levels, according to Close Investment's Deryck Noble-Nesbitt.

Noble-Nesbitt, head of equity research, also argues that investors should consider investment in AIM listed companies as part of their inheritance tax (IHT) mitigation. He said: "The AIM market has fallen around 60pc since 2007 with 50pc of that value lost since June this year. I believe this therefore represents excellent value all round and is a great time for those who are willing to bear short-term volatility to invest. Small caps have been hit hardest as they are generally more illiquid, harder to trade and tend to be in more specialist sectors. However, many of the companies, if lo...

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