Large caps look set to step into gap left by ending of mid-cap run

Mid cap index

The large cap index has been unloved as of late, with most investors talking up the smaller end of t...

The large cap index has been unloved as of late, with most investors talking up the smaller end of the UK market, particularly the Mid 250. This week's conjecture involved a debate on the future direction of the UK market with two mid and small cap managers, Merrill's Richard Plackett and Henderson's Neil Hermon, and DWS Blue Chip manager Nick Evans. Centring on the short-term prospects of the mid cap index versus the FTSE 100, all three appear slightly bearish on mid caps following their recent strong run. But the increasing concentration of the FTSE 100 is starting to weigh on concerns ...