Beyond the credit boom: Why investing in smaller companies is not only responsible capitalism but better for investors too
Article
Fund director Gervais Williams argues that it is the very smallness of small businesses that make them both attractive targets for investors and ripe opportunities for economic growth.
He encourages investment managers to break free of the credit boom mindset and return assets from developing economies to the UK, and proposes policy incentives for them to do so.
The credit boom, Williams argues, encouraged investors to shift their capital out of UK listed companies and into the developing economies, private equity and hedge funds that offered greater liquidity and (seemingly) higher returns. Instead, with smaller listed companies shown to perform better over the long-term, and smaller companies more likely to grow, create jobs and reinvest their turnover in the local economy, UK investors can do good business, in every sense, by targeting their investment capital at this neglected end of the British market.
Related items

Strike while AI is hot: Rebuilding worker power for the age of AI
How worker power should be reanimated in the face of AI-driven labour market shocks.
The Europe agenda: Defence and security
In this period of geopolitical chaos, greater defence and security integration offer a fruitful way for the UK to deepen its relationship with Europe.
A tough hand: Why rising youth inactivity demands urgent action
On Thursday, new data will likely show the number of young people who will be out of education, employment or training (NEET) will surpass 1 million for the first time since 2013.