Micro or mega cap, which is the most attractive?
ANALYSIS: Small cap investing has been challenging in 2022, so what differentiates market cap levels for investors?
For the active investor that does their own research, the smaller caps represent a fertile hunting ground.
This year has been rocky for the majority of investment asset classes. One area that has had it particularly rough is the smaller end of the sharemarket. Across most global sharemarkets small caps have underperformed large caps this year.
Academics Fama and French famously identified in their 1992
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