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.