Will small stay beautiful in the eyes of investors?
1 August 2024
Explore key investment themes in our latest video: small-cap outperformance, US tech outlook, and when the Fed might cut interest rates next.

Article last updated 24 July 2025.
In his latest video, our Co-Chief Investment Officer Ed Smith touches on European, Japanese and Asian equities, before taking a deeper dive into what’s been driving the very sharp recent outperformance of smaller companies compared to their much larger peers.
Other questions Ed helps to answer include:
- Why have European equities fallen?
- How are Asian equities performing?
- Are Indian equities expensive?
- Is the outperformance of smaller stocks sustainable?
- Should investors be sceptical of the AI theme?
To hear more from Ed and our investment and financial planning specialists, register here for our October Wealth Management Festival.