• Global small caps have delivered more compelling long-term absolute and risk-adjusted returns compared to large caps;
• For long-term investors, global small caps have delivered consistent outperformance and may provide diversification benefits;
• Small caps have tended to deliver faster earnings growth and provide investors with access to a much larger and more dynamic universe of companies;
• In an environment of elevated trade tensions, the domestic nature of small caps may benefit investors;
• Small cap markets have been less efficient, providing opportunity for skilled managers;
• An active approach may also be better suited to deal with inherent risks of the asset class, including liquidity, ESG and other stock specific risks;
• Advantages of a global small cap approach vs a regional small cap approach;
• The strength of small caps during market rebounds and the challenges of timing the asset class. Performance of small caps prior to, during, after market downturns.

The millennial generation presents new opportunities for global companies as they continue to demand innovation and drive new trends in global markets. This powerful group of 1.8 billion people is the first generation to grow up in a tech world, they value experiences over goods, drive companies to be more socially aware and have a strong preference for authentic and engaging brands. In the US alone, millennials and generation X stand to inherit $30 trillion over the coming decades, making them a key group that companies across the globe are increasingly paying close attention to. We take a closer look at why the millennial generation is so important now and how investors can best capture the long-term growth opportunities this generation drives.

 

 

 

 

For actively managed public equity strategies, an integrated focus on ESG within a robust fundamental research process can help drive long-term returns. Consistent and direct engagement with companies conducted by experienced financial analysts is a critical component in deciphering the potential risks and rewards of a business and promoting positive change. Learn how continually updating the materiality of key ESG attributes, understanding their potential effect on a stock’s performance and partnering with portfolio companies to develop sustainable business practices can be important drivers of investment success.