Portfolio

The debates over investing in small vs large cap stocks often miss central points – and can descend into absurdity. For example, it is entirely possible- and legitimate- to present aggregate figures which demonstrate that small caps have underperformed larger shares over 10 or 20 years, while select small funds deliver consistently superb results.

For financial advisers, clients’ different learned perceptions of risk are often the biggest challenge when recommending a certain type of portfolio for wealth creation. 

In reviewing one philosophical avenue to funds management, Merlon Capital Partners CEO Neil Margolis examines the nexus of human behaviour, ESG, and value investing.