Industry Voice: Valuations too attractive to ignore? Backing UK small caps in 2023

Five funds to consider in the UK small cap space in 2023

clock • 3 min read

When it comes to UK small caps, Darius McDermott would argue we could now be reaching the point where valuations are simply too attractive to ignore…

I don't think many investors will be sad to see the back of 2022. Almost every asset class has seen price declines and the news has gone from bad to worse. Rapidly rising and persistent inflation, followed by rapidly rising interest rates, have left few places to hide. A quick look at the performance of the 58 Investment Association sectors this calendar year shows that just the IA Commodity/Natural Resources and IA Latin America sectors have made any real money, returning 17.8% and 16.3% for investors, according to FE Fundinfo. IA Infrastructure, the two Money Market sectors and IA I...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Chaos is not a ladder: Navigating human behaviour at times of market stress

Chaos is not a ladder: Navigating human behaviour at times of market stress

'It is important to maintain perspective'

Sacha Chorley
clock 09 March 2026 • 4 min read
Four reasons why direct engagement can still make a difference

Four reasons why direct engagement can still make a difference

'Quantitative data arguably tells only half the story'

Simon Wood
clock 05 March 2026 • 4 min read
Darius McDermott: Is income under pressure?

Darius McDermott: Is income under pressure?

‘The period of abundant income is ebbing'

Darius McDermott
clock 04 March 2026 • 5 min read