Size Matters
by James Klempster, CFA
There’s no two ways about it: size matters. We live in a society that admires big – The Angel of the North, the Great Wall – yet we also revere the precision of small – the microprocessor, automatic watches. When it comes to disadvantages, both large and small also can be found wanting. Needless to say, in the world of fund management things are equally nuanced.
Market Snapshot
- Several countries ease lockdown restrictions from today
- Risk assets continued to recover last week
- Brent crude rallied 17.1% last week to $31.0 a barrel
- Gold rose 0.1% to $1702.7 an ounce