Five European small caps positioned to prosper

EUROPE

Barings' Nick Williams, head of small-cap equities, has revealed to Natalie Kenway his top five European small-cap stocks as investors are beginning to dip their toe back into the continent.

Nick Williams, manager of the £320m Baring Europe Select trust, said investors are coming around to the idea the eurozone will survive and he expects equity markets will rally from here. “I was always more confident than most that the eurozone would survive in its current form through to 2020. There is a growing realisation that European politicians and financial institutions are committed to the eurozone. I know most people would have liked it all to have been sorted out two years ago, but when politics and numerous policies are involved it will take time. “I am not sure we are throu...