Small caps still positive story

conference

The US market is heading into a market cycle where large caps should outperform but many positives r...

The US market is heading into a market cycle where large caps should outperform but many positives remain for small caps, in the view of John Harrington, part of the team on the Schroders US Small Cap Equity fund. Harrington said the cycles of performance in the US indicate the S&P 500, which has underperformed the Russell 2000 in recent months and is set to do better. Yet Harrington believes small caps will remain an attractive asset class because of valuations and robust earnings and revenue growth. Harrington added the rising interest rate environment commentators believe is likely for...