Still banking on smaller firms

paul jourdan vs harry nimmo

Smaller companies are beginning to lag their larger counterparts. But First State's Paul Jourdan and Standard Life's Harry Nimmo are standing by their strategies

Following a sustained period of outperformance over large caps, smaller companies have seen a reversal in fortunes over the past two months and begun to trail their larger counterparts. However, small-cap managers Harry Nimmo at Standard Life and Paul Jourdan of First State remain unperturbed, with both believing there is still money to be made from the sector. Despite this common bullishness on the asset class, the way in which Nimmo, who manages the £95m Standard Life UK Smaller Companies fund, and Jourdan, who runs the £37m First State British Smaller Companies offering, seek to achiev...