FundCalibre elite radar: ASI Global Smaller Companies

'Good contender'

clock • 4 min read
Darius McDermott, managing director, FundCalibre
Image:

Darius McDermott, managing director, FundCalibre

“What we are seeing is the market move towards a more traditional recession. Quality typically outperforms in down markets, and the fears around interest rates and inflation have rolled over into growth worries.”

That is the view of ASI Global Smaller Companies manager Kirsty Desson, who says the market is just starting to refocus around sustainable growth and quality in this challenging environment. Make no mistake about it, the pressures have been intense and varied - with multiple macro drivers at work in tandem with geopolitical events. Inflationary pressure is persisting, while a sharp rotation into value in January, followed by the outbreak of war in late-February, caught investors off guard. Darius McDermott: BlackRock European Dynamic is 'genuinely flexible' Desson says while in...

To continue reading this article...

Join Investment Week

  • 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 Equities

Mike Preston, partner at Cleary Gottlieb

Private equity in sport: A growing opportunity

Expected to grow to $500bn

Mike Preston
clock 11 August 2022 • 4 min read
Markus Hansen has been a portfolio manager for Vontobel's Quality Growth Boutique since June 2020.

Vontobel's Hansen drops Adidas for Hermès as a European recession looms

Shopping after growth derating

clock 10 August 2022 • 2 min read
Ken Wotton and Brendan Gulston, co-managers of the LF Gresham House UK Multi Cap Income fund

Five rules for resilience amid rocky markets

Barrage of headwinds

Ken Wotton and Brendan Gulston
clock 04 August 2022 • 5 min read
Trustpilot