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

'It's been frantic – in a good way': Orbis' Matt Spencer on maintaining momentum

'It's been frantic – in a good way': Orbis' Matt Spencer on maintaining momentum

Advisers in the UK are ‘exceptionally high quality’

Jenna Brown
clock 25 November 2025 • 8 min read
Why 'bubble talk' doesn't always burst markets

Why 'bubble talk' doesn't always burst markets

What’s really driving recent returns?

Eleanor Ingilby
clock 20 November 2025 • 4 min read
Consultancy launches to provide IFAs with 'robust' investment processes

Consultancy launches to provide IFAs with 'robust' investment processes

Sheridan Admans launches Infundly

Isabel Baxter
clock 06 November 2025 • 1 min read