BlackRock Smaller Companies (BRSC) - Aug 2026 | Kepler Trust Intelligence

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BRSC’s transformative year has made it more shareholder friendly.

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Ryan Lightfoot-Aminoff

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Updated: 07 August 2026

Trust Issues: Investing in UK small-caps with BRSC

Kepler Trust Intelligence

We speak to Thomas McMahon, Head of Investment Companies Research at Kepler, about the investment case for BlackRock Smaller Companies.

Kepler Trust Intelligence

The game of their lives

Jean-Baptiste Andrieux

We analyse how UK equity-focussed investment trusts have performed relative to open-ended funds with near-identical mandates.

Jean-Baptiste Andrieux

Monthly roundup

Monthly roundup: growth of SpaceX, UKW’s dividend cover and what’s popular with ISA millionaires?

Kepler Trust Intelligence

Jo, Ryan and David discuss the latest news and results in the investment trust world.

Kepler Trust Intelligence

Everything must go

We look at the widest discounts and ask if there is any value to be had.

May 2026

Results analysis: BlackRock Smaller Companies

Ryan Lightfoot-Aminoff

BRSC’s completed combination has significantly increased its appeal.

Ryan Lightfoot-Aminoff

July 2025

Waiting for Godot

Jean-Baptiste Andrieux

We ask what scenarios could see UK equities finally recover.

Jean-Baptiste Andrieux

May 2025

Trusts in Focus: BlackRock Smaller Companies

We provide a brief overview of BRSC, including performance and portfolio weightings...

Results analysis: BlackRock Smaller Companies

Ryan Lightfoot-Aminoff

BRSC trades at a wide discount, despite its successful long-term track record…

Ryan Lightfoot-Aminoff

April 2025

BlackRock Smaller Companies (BRSC)

Ryan Lightfoot-Aminoff

BRSC’s discount is wide in both absolute and relative terms, despite the potential of its high-quality portfolio…

Ryan Lightfoot-Aminoff

January 2025

2025 Kepler Ratings

Kings of the castle

We reveal the winners of our 2025 investment trust ratings…

Trust Issues: investing in UK small-cap equities with BRSC

We discuss opportunities for investors in UK small-caps and how BRSC adds alpha through active management...

September 2024

Where strength lies in small caps: a BlackRock assessment

The smaller company landscape in the UK is truly diverse, with a breadth of sectors represented. This makes it a fertile hunting ground for active stockpickers investing for long-term growth: it is possible to sidestep sectors that are struggling, and target sectors with stronger growth prospects. However, at the moment, it is possible to be optimistic in most areas within smaller companies...

May 2024

BlackRock Smaller Companies Trust plc: A Look Ahead for 2024

Investors have been waiting for green shoots from UK smaller companies for much of the past two years. Rising interest rates, higher inflation and economic uncertainty have conspired to suppress any revival. The sector has been through the deepest and longest period of underperformance in over 40 years...

Results analysis: BlackRock Smaller Companies

BRSC has outperformed the index in a challenging period…

April 2024

Investing in UK small-caps with BlackRock Smaller Companies - Podcast: Trust Issues #29

We discuss what BRSC offers investors looking for exposure to UK small-caps...

BlackRock Smaller Companies

A focus on fundamentals may act as a catalyst for BRSC to bounce back…

November 2023

Bull vs bear: BlackRock Smaller Companies

David Kimberley

In this inaugural episode of Bull vs Bear, we look at BlackRock Smaller Companies (BRSC)...

David Kimberley

July 2023

BlackRock Smaller Companies

BRSC is a newly minted ‘dividend hero’…

June 2023

Let's go round again?

Ryan Lightfoot-Aminoff

Discounts have ballooned across the investment trust world, but our analysis shows we've been here before...

Ryan Lightfoot-Aminoff

May 2023

Don’t ignore smaller companies for income

While the UK market is a good hunting ground for income-seekers, that income is often concentrated in a handful of stocks and sectors. “A small cap allocation can help to diversify this, and the investment trust structure has unique features that makes it attractive to income seekers” says Roland Arnold on the BlackRock Smaller Companies Trust...

Results analysis: BlackRock Smaller Companies

BRSC’s historically wide discount may offer an attractive entry point for long term investors…

January 2023

Fortune favours the brave

Our research suggests a recession has already been priced into small cap trusts, but risks abound...

November 2022

Slides and Audio: BlackRock Smaller Companies

Kepler Trust Intelligence

Download the presentation and listen to the audio from our webinar from 15 November...

Kepler Trust Intelligence

BlackRock Smaller Companies

BRSC’s wide discount and lower portfolio valuations may offer an attractive entry opportunity for long-term investors...

September 2022

The small cap advantage

Roland Arnold, BlackRock

Smaller companies have shown their mettle through the pandemic. This is no accident, says Roland Arnold, portfolio manager of the BlackRock Smaller Companies Trust plc, these are dynamic and nimble businesses, that use capital effectively to drive innovation and deliver sustainable long-term growth...

Roland Arnold, BlackRock

August 2022

Get ‘em while they’re hot

Wide discounts in the UK Smaller Companies sector may present long term investors with good entry opportunities…

May 2022

Results analysis: BlackRock Smaller Companies

David Kimberley

BRSC’s wide discount may provide an attractive entry point for investors…

David Kimberley

April 2022

BlackRock Smaller Companies

BRSC’s wide discount could prove a lucrative long-term entry point…

December 2021

Great expectations

As the last of the mince pies wilts in the fridge, topped with a generous helping of stilton, the Kepler Trust Intelligence team stick a finger in the air and point toward their top picks for the year ahead…

Smaller companies: finding the best

Roland Arnold, BlackRock

Roland Arnold, Portfolio Manager of the BlackRock Smaller Companies Trust plc, explains how he uncovers companies that could grow their earnings for the long term.

Roland Arnold, BlackRock

September 2021

BlackRock Smaller Companies

BRSC has a strong track record of consistent outperformance...

May 2021

Results analysis: BlackRock Smaller Companies

BRSC continues to forge a solid long-term track record despite a challenging year…

February 2021

Eye of the Pfizer

Mining shares have rallied in recent months. With further potential, what impact could this have on the relative returns of active UK Small cap strategies...

BlackRock Smaller Companies

BRSC has a strong track record of consistent outperformance...

September 2020

Blood in the streets

William Heathcoat Amory

The UK Smaller Companies Sector faces plenty of challenges, but bombed out valuations among trusts in the sector look interesting...

William Heathcoat Amory

June 2020

BlackRock Throgmorton Trust

William Sobczak

One of the most reliable trusts in the UK smaller-companies sector, THRG uses both a long and a short book to generate alpha, regardless of the wider market conditions…

William Sobczak

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