Our favourite way to access income opportunities in medium-sized companies. Although many have been hit by Brexit fears, if the UK economy proves more resilient than expected, these companies could benefit.
In times of heightened uncertainty investors have tended to seek the safety of large well-established institutions and shun higher-risk smaller companies. This was evident in the weeks that followed the UK’s decision to leave the European Union.
The UK’s vote to leave the European Union created much uncertainty. The UK stock market fell in the immediate aftermath of the vote, although there was a marked difference in the performance of small and larger businesses.
The team have built an exceptional long-term track record investing in Asian markets, although their Aberdeen Global Asian Smaller Companies Fund went through a more challenging time from mid-2013 until the start of this year.
The Asian equities team at Aberdeen are well-known for their meticulous research and disciplined investment approach. They are unyielding in their quest to find only the highest-quality companies, which they can purchase at sensible valuations.
Chris Rice, manager of the TM Sanditon European Fund, uses a business cycle approach to investing. By forming a view of the wider economic environment he aims to identify when the next stage of the cycle will arrive...