Twinkle, twinkle, small-cap stars
The UK stock market remains cheap relative to most other developed markets. Within that, small-caps are also trading at a significant discount to their larger-capped peers.
Low interest rates, inflation and nominal growth all conspired to act as headwinds to relative and absolute small-cap performance. Quantitative Easing further disproportionally benefited large over small. Yet, the world and markets move in cycles and a new epoch is taking shape; one we believe where the stars are aligning for a prolonged period of small-cap outperformance.
In this webinar, our team explore these themes and why we believe now is a good time to increase exposure to small-caps as an asset class.
Stellar Asset Management Limited does not offer investment or tax advice or make recommendations regarding investments. Prospective investors should ensure that they read the brochure and fully understand the risk factors before making any investment decision. The value of investments and the income from them may fall as well as rise and is not guaranteed. No assurance or guarantee is given that any targeted returns will be achieved. Forecasts of potential future results are not a reliable indicator of actual future results.
Stellar Asset Management Limited of 20 Chapel Street, Liverpool L3 9AG is authorised and regulated by the Financial Conduct Authority.