ECP | Luxemburg, 15.02.2019.
The CIO of NN invest, Valentijn van Nieuwenhuizen, published an excellent article last week “size matters, as does timing” where he makes two important points. First, he explains why smaller capitalization stocks outperform their large peers in the long run by a significant margin. Secondly, he comes to the conclusion that it would add value for investors to time the size premium as small caps can been be out of favour over long periods of time. He has developed a more dynamic approach to size the small cap part in portfolios.
Best regards,
Léon Kirch, CIO & Partner
