Small-cap funds allow investors to access the strength of the asset class, explains Simon Evan-Cook, while removing the existential risk that threatens each and every individual smaller company
If a friend is thinking of starting a restaurant, stop them. Even if that friend is Gordon Ramsay - although that's as much to do with him being a bit scary as his likelihood of failing (which is still significant). Owning a restaurant is famously risky: the competition is fierce; rents and rates are high; and one bad day could ruin your reputation. So we can agree restaurants are very risky. Or can we? If restaurants are so risky, does this mean they could all cease to exist in the next five years? Will my as-yet-unconceived grandchildren look up to me one day, and ask "what was a ‘rest...
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