small-cap

Sebastian Lyon, manager of the Troy Trojan fund, has warned shares in mid- and small-cap stocks are currently ‘priced for perfection', after valuations shot up substantially over the past decade.

Fidelity's top performing fund manager Alex Wright has said the group will not let its flagship Special Situations fund grow to the size seen under previous manager Anthony Bolton.

BNY Mellon Global Fund has launched two new Japanese equity funds for its recently-hired Japanese equities team.

BNY Mellon Fund Managers is changing the name and investment remit of the BNY Mellon American fund, managed by its US subsidiary the Boston Company Asset Management.

Ian Ormiston, manager of the Ignis European Smaller Companies fund, has benefited from the rally in European stocks this year and has revealed the top themes driving returns in his portfolio.

SPECIAL REPORT: UK EQUITIES

David Coombs, head of multi-asset investments at Rathbone Unit Trust Management, has bought a number of new funds in the last few months as he rejigs his portfolios to focus on global growth.

Baring Asset Management is to launch a focused European fund for Nick Williams, head of small-cap equities, and Colin Riddles, portfolio manager on the small- and mid-cap desk.

Prusik Investment Management has soft-closed its Asian Smaller Companies fund at $160m.

BlackRock's veteran equity investor Richard Plackett has outlined three key areas of opportunity which could benefit small and mid caps, against a backdrop of improving economic growth.