Miton's Gervais Williams: Recession may favour 'immature businesses'

FTSE Small Cap down 15% year-to-date

clock • 2 min read

Listed small-cap companies generating surplus cash may have the upper hand when the economy faces recession, as businesses in the sector look to acquire formerly leveraged entities, debt-free, at a cheaper price, according to Gervais Williams, manager of the Miton UK MicroCap Trust (MINI).

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