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Darius McDermott: Why the UK small and mid-cap story is as strong as ever

Home / Features / Darius McDermott: Why the UK small and mid-cap story is as strong as ever Darius McDermott: Why the UK small and mid-cap story is as strong as ever FTSE Small-Cap has risen 111% since last March, compared with 75% for the FTSE 250 It’s no secret that UK mid and small-caps have been through the wringer in the past five years, courtesy of Brexit and the Covid pandemic. Therefore, I was pleasantly surprised to read that both indices had recently approached all-time highs . In any normal situation, now would probably be the time to think about cashing in – but on this occasion it feels like there is plenty more progress to be made as the economy begins to return to some semblance of normality.

Amati Global Investors hires Saracen Fund Managers equity stalwart

Amati Global Investors hires Saracen Fund Managers equity stalwart Scott McKenzie leaves Saracen after seven years to work across Amati’s fund range Amati Global Investors has hired Saracen Fund Managers’ Scott McKenzie as a portfolio manager. McKenzie (pictured) joins Amati’s investment team working with Paul Jourdan, David Stevenson, Anna Macdonald and Gareth Blades across the TB Amati UK Smaller Companies fund, Amati AIM VCT plc and the Amati Aim IHT Portfolio Service. McKenzie, who has more than 20 years’ UK equities experience, was previously head of research and fund manager on the TB Saracen UK Alpha and TB Saracen UK Income funds. He joined the firm in 2014 and launched the UK Income fund before being appointed as manager on the UK Alpha fund in June 2017. He left Saracen at the end of March.

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