Nimmo's trust top of sector over decade
Marlborough's Richard Hallett has pointed to retailers ASOS and Tesco, two of the worst performing UK-listed stocks this year, as potential turnaround stories.
The illiquidity and low volatility of micro-cap stocks has helped managers at the very bottom of the cap scale dodge the impact of this year's rotation into larger companies, buyers suggest.
Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.
In smaller companies investing, there are few managers more high profile or successful than Standard Life Investments' Harry Nimmo.
Smaller companies fund favourite Moneysupermarket.com rose 16% in morning trading after announcing better-than-expected results.
Standard Life Investments's Harry Nimmo has pointed to three trends in 2014 that could continue a run of performance that has seen the manager return nearly 200% over five years.
Standard Life Investments has hired Kirsty Desson as an Asia Pacific analyst on Harry Nimmo's Global Smaller Companies fund.