Fund research service The Adviser Centre has bemoaned the lack of quality new funds being launched as it struggles to expand its ‘Positive Watch' category.
The relative weakness in the small-cap market shows the market is having trouble digesting the extraordinary level of recent equity issuance, explains Franklin Templeton small cap manager Richard Bullas.
Part II: Where is the best value: Large, mid, or small caps?
SPECIAL REPORT: UK EQUITIES