Investors should be focusing on sensibly priced companies offering good long-term growth prospects, says Baillie Gifford’s smaller companies manager, Douglas Brodie
Increasing M&A activity will provide a solid backdrop for the tiddlers this year, claims Henderson’s Neil Hermon
Shares in fully-listed Victrex clipped ahead by 7p in early dealings today after the small cap chemicals concern cheered investors with an upbeat first half trading result. James Crux reports.
Despite being at the forefront of innovation and comprising the UK's largest manufacturing industry — generating around £42 billion of revenue annually — chemical companies (the likes of ICI and Johnson Matthey excluded) hold a relatively low profile with investors.
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