Premier Miton's Ford: Inflationary fears hit high growth US small caps

Manager still upbeat on market prospects

The sudden spike in the valuation of 10-year US Treasuries has led to a pullback in prices of high growth US small caps – and therefore the performance of the Premier Miton US Smaller Companies fund, according to co-manager Nick Ford, who said inflationary fears are likely to put a dampener on returns from further down the market-cap spectrum.