Strategy

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...
Callum Stokeld
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Updated 10 Feb 2021
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This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. This material should be considered as general market commentary.

Commodities and UK Small caps have rallied strongly in recent months on expectations of global economic recovery and normalisation. Rallies in the former can cause headwinds to active managers in the latter. Yet we think both offer upside potential from here.

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About the Author

Callum Stokeld
[email protected]
Callum joined Kepler as an investment trust analyst in July 2019. Prior to this he worked as a senior investment analyst on a range of multi-manager, multi-asset portfolios, having previously worked at IFA firms in roles focused on oversight of fund selection and asset allocation. He graduated from the University of Glasgow with an honours degree in Law.

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