Oberon's Richard Penny: 'UK small caps are the worst I have ever seen them'

‘Trading at 20- to 30-year lows’

Eve Maddock-Jones
clock • 6 min read

Oberon Investments' long-time UK small-cap and AIM investor, Richard Penny, has claimed that the sector is “the worst I have ever seen it” currently, such is the deeply entrenched dislike of the former growth hub by domestic and international investors.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Budget 26: Healey announces health and welfare priorities
UK

Budget 26: Healey announces health and welfare priorities

NHS AI technology solutions

Cameron Roberts
clock 28 October 2026 • 4 min read
RC Brown launches index-agnostic MPS with heavy UK overweight
UK

RC Brown launches index-agnostic MPS with heavy UK overweight

Select Portfolio Service

clock 22 October 2026 • 3 min read
UK special dividends fall 76% in Q2 despite record headline payouts
UK

UK special dividends fall 76% in Q2 despite record headline payouts

Headline payouts of £35.3bn

clock 31 July 2026 • 3 min read
Trustpilot