Small caps ‘offer best opportunity’

Original article by James Frost
The Australian Financial Review – Page: 24 : 27-Jul-17

Allan Gray Australia’s Simon Mawhinney is upbeat about the outlook for small-capitalisation stocks, forecasting that they are set to outperform their larger peers. Smaller Australian companies have tended to have lower returns over the last several decades, but Mawhinney expects non-S&P/ASX 100 companies to outperform over the next five years. Allan Gray particularly likes stocks such as Capral, Mineral Deposits and HT&E.

CORPORATES
ALLAN GRAY AUSTRALIA PTY LTD, STANDARD AND POOR’S ASX 100 INDEX, CAPRAL LIMITED – ASX CAA, MINERAL DEPOSITS LIMITED – ASX MDL, HT&E LIMITED – ASX HT1, ALUMINA LIMITED – ASX AWC, WOODSIDE PETROLEUM LIMITED – ASX WPL, NEWCREST MINING LIMITED – ASX NCM, ORIGIN ENERGY LIMITED – ASX ORG, METCASH LIMITED – ASX MTS, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, STANDARD AND POOR’S ASX 300 ACCUMULATION INDEX

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