

Backing UK small caps in 2023
This article first appeared on professionaladviser.com on 9th January 2023 I don’t think many...
2015 was a turbulent year for markets. The FTSE 100 finally breached the 7,000 mark before falling back to below 6,000, the Chinese A-Share market rocketed before crashing spectacularly, the oil price has been on a continual downward path and bond markets held their breath each time the US central bank had an interest rate meeting.
Despite all of this, many managers were able to achieve positive returns for their investors. UK managers in particular shined.
In terms of views however, there was more of a mix:
*Source: FE Analytics, 1st January 2015 – 23rd December 2015. Total Returns, GBP