Plackett's three bright spots for equities

BlackRock's veteran equity investor Richard Plackett has outlined three key areas of opportunity which could benefit small and mid caps, against a backdrop of improving economic growth.

The co-manager of the £1.9bn BlackRock UK Special Situations fund, which invests across the market-cap scale, said the beginning of the end of US QE is a strong signal the global recovery is beginning to gather momentum. Meanwhile, growth is more balanced and equities are still undervalued, he said, offering further bright spots for investors. 1. The end of QE signals economic recovery Plackett (pictured) said although any move by the Federal Reserve to taper QE will ignite volatility in the short term, it should be taken as a sign of recovery, and proof the world is becoming more ...