Bruising year for River and Mercantile micro-cap strategy
Net assets drop nearly 50% as chairman emphasises need for patience when investing in smaller companies
Net assets drop nearly 50% as chairman emphasises need for patience when investing in smaller companies
Though, with a recession looming, an entry point will be tough to pinpoint
Four important developments should provide momentum for the asset class
£1bn trust will become Global Smaller Companies Trust effective immediately
And as the growth vs value debate rumbles on – investors could be better served seeking quality
‘I think by changing the goalposts they start to dilute their message’
A patient investment strategy focusing on long-term holdings in well-run UK businesses has the potential to thrive
‘Another statement of intent’ from Premier Miton after snagging Merian’s Lloyd Harris and team last week
‘It’s a shame that Alan is leaving, but the fund could not be left in better hands.’
Understanding the return premium and exploring the diversification potential
Japanese and European smaller company investment trusts top the rankings when it comes to year-to-date returns, with both AIC sectors delivering returns north of 40%.
Morningstar has downgraded two JPMorgan UK Smaller Companies vehicles from bronze to neutral.