J.P. Morgan Asset Management's Georgina Brittain, co-manager on a range of small- and mid-cap funds at the firm, has said one of the biggest challenges she faces is keeping investors engaged with the space, after many piled into FTSE 100 companies following the Brexit vote.
Internationally-focused UK blue chips benefitted from sterling's slump following the Brexit vote, while investors were more concerned about the impact of the decision on domestically-focused names in the mid- and small-cap space. The FTSE 100 has suffered a few knocks since the vote, such as in January after Prime Minister Theresa May signalled a hard Brexit ahead and again when she called the snap General Election in April, but the index has still returned 24% since the referendum compared to 17% for the FTSE 250 (ex ITs). Brittain, who manages the £252m JP Morgan Mid Cap investment...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes