A beginner’s guide to investing in small-caps in 2024
Investing in the stock market can be a rewarding yet challenging endeavour. For those looking to ...
As 2023 draws to a close, we take a look at which funds and trusts were most popular among FundCalibre’s visitors and which areas piqued their interest the most.
abrdn Global Smaller Companies is a textbook fund from the abrdn equities team. Based around their powerful screening tool ‘Matrix’, it identifies smaller companies from all around the globe – including emerging markets – that they believe to have the best growth prospects.
As we saw last year, growth names continue to make up the most popular searches, however this year we see four newcomers join our popularity table: M&G Global Dividend, The Global Smaller Companies Trust, Guinness Global Equity Income and Janus Henderson UK Responsible Income.
Global equity funds top the charts for the third year running but we see European ex UK funds move up six spots to number two and most surprisingly, UK All Company funds enter the top ten for the first time since 2019.
The UK market is out of favour on most measures. The UK All Companies sector has been the worst-selling net retail sector in 11 out of the past 12 months**. By all the laws of investment, this should be a good moment to re-examine UK equities. Valuations are low, the sector is deeply unfashionable, selling pressure has been relentless. But is the UK poised for a fightback?
On a recent podcast, Alexandra Jackson, manager of Rathbone UK Opportunities, fund discusses the challenges faced by the UK equities market and why investors should keep a keen eye on the market in 2024.
*Source: FundCalibre Analytics, 1 January to 12 December 2023
**Source: Investment Association, November 2023