JPM trust slumps in tough market for small caps
JPMorgan Smaller Companies Investment Trust underperformed (-7.5%) versus its benchmark (-6.2%) in the year to 31 July, despite two of its largest positions being taken over.
JPMorgan Smaller Companies Investment Trust underperformed (-7.5%) versus its benchmark (-6.2%) in the year to 31 July, despite two of its largest positions being taken over.
Morningstar has upgraded Standard Life’s Harry Nimmo to its top echelon of UK managers, but does that mean you should invest in his, or any, UK small cap fund?
Despite the UK equity market giving up any gains it made in the first few months of the year, at the smaller end of the cap scale the need for growth makes many of them an attractive acquisition target.
As we are likely to move through a risk on/risk off environment for the next few years the small/mid/large-cap argument takes on a greater level of importance with the answer changing depending on how far ahead investors are looking.