Main menu
Edison Group
  • Home
  • Sparks
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Recce Pharmaceuticals

    MCap

    AUD76m

    Last close

    AUD0.36

    ▲ 0.06 (20.34%)

    Metals One

    MCap

    GBP4m

    Last close

    GBP0.01

    ▲ 0.18 (19.44%)

    Barton Gold

    MCap

    AUD148m

    Last close

    AUD0.78

    ▲ 0.11 (15.56%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Vantage: UK small caps – an overlooked opportunity ready for recovery, an interview with Richard Penny

Vantage: UK small caps – an overlooked opportunity ready for recovery, an interview with Richard Penny

In this interview, Richard Penny, fund manager at Oberon Investments (managing UK Core, UK Special Situations and UK Smaller Companies), shares why UK small caps present a compelling opportunity right now. With UK small caps down 50% since September 2021 (twice as bad as during the global financial crisis), Richard explains how this creates an asymmetric risk opportunity for contrarian investors seeking growth at value prices. He illustrates this by discussing holdings like Zegona Communications (LSE: ZEG, market capitalisation £5.5bn) and BATM Advanced Communications (LSE: BVC, market capitalisation £66m).

Watch the full interview to understand why small caps tend to outperform over time, the characteristics of multi-bagger stocks and how Richard’s ‘GRASP’ approach has delivered 4% annual outperformance over 20 years.

< Previous
Next >

You may also be interested in these:

Financials

Halyk Bank – executive interview

Financials

CoinShares International – executive interview

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free