Each week, a professional investor tells MoneyWeek where he’d put his money now. This week: Jim Campbell, fund manager, JP Morgan European Smaller Companies Investment Trust.
European small-cap shares have provided world-beating long-term returns, surpassing other global indices over the past 20 years. Their bull run is far from over – in fact, they offer new opportunities for investors seeking to take advantage of the recovery in Europe.
Also, because fewer analysts cover the small-cap sector, it is a less efficient market – meaning smart investors can snap up unjustly cheap stocks. We generally seek three characteristics when selecting small [...]
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