Investments

JOHCM UK SMID Fund: “Buy the earnings growth story” and “Investing in corporate Americas sweet spot”

Trump, trade wars, top of the market. Many European and Asian-based fund buyers are currently cautious about buying US equities

With the US consumer in rude health, capex poised to surge over the next 12-18 months and the regulatory environment becoming more business-friendly, the outlook for US earnings growth, the factor that drives share prices over the long term, remains highly positive.

Meanwhile, with global trade tensions a source of concern for many investors, the domestic bias of US small and mid-cap equities insulates them from the worst effects of any nascent trade war.

Be bold, go small.

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