SG Hiscock offloads retailers and buys these small caps instead

Joanne TranMarkets reporter

Jul 18, 2024 – 2.11pm

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Shawn Lee is portfolio manager of SG Hiscock’s Australian Small Companies Fund. The firm oversees around $4 billion in assets.

What’s your take on small-cap investing in the current environment?

The conditions appear to be ripe for the sharemarket to start broadening out, and for some mean reversion to benefit small caps, which have significantly underperformed their large cap cousins over the past three years.

Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom.