Domestic champions support small caps in a deglobalising world

Foto: Arthur Franklin via Unsplash
Foto: Arthur Franklin via Unsplash
As geopolitical tensions rise and instability in the Middle East persists, small-cap equities have shown notable resilience. So-called “domestic champions”—companies with dominant positions in their domestic markets—are benefiting from deglobalisation and shorter supply chains, and appear less volatile than their reputation suggests.

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