UK small cap funds 'surprise' with outperformance since Brexit vote
Average product returned 33.13% over past three years
The FTSE All-Share and FTSE 100 indices also made gains since 23 June 2016
The IA UK Smaller Companies sector has been the only open-ended UK equity sector to beat the FTSE All-Share since the UK voted to leave the EU, research from Investment Week and data from FE shows.
This is despite the fact UK small caps have a reputation for being more dependent on the UK economy than their larger, global-facing peers. The average UK smaller companies fund, sitting in the Investment...
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