Institutions hunt US small caps

Wall_streetThe recent revival in stock markets boosted US small cap performance, said Brown Advisory, a Baltimore-based fund manager with $29 billion (€22 billion) under management. The firm said that since the conclusion of the financial crisis, the asset class has been powered by central bank easing, improving economic conditions and fairly robust M&A activity. Christopher Berrier, co-portfolio manager, said:“We are seeing a substantial pick-up in interest in small cap stocks amongst institutional investors who believe the asset class will continue to benefit from improving economic data in the US and global coordinated central bank easing. Brown Advisory’s US Smaller Companies Fund has risen by more than 29% over the last six months. ©2012 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.