Commercial fundamentals in
small cap markets remained positive during the first quarter of 2017, but the pace of growth moderated.
Not exact matches
Another third should be in international stocks (mature foreign
markets like Japan and Europe), with the
remaining third of your equity portion in emerging
markets and what he calls global
small caps.
In particular, I think Japanese
small -
caps have
remained the outstanding anomaly in global equity
markets.
The
market remains significantly overbought on an intermediate - term basis, and we've seen increasing divergences from breadth,
small and mid-
cap stocks, trading volume, and other internals, which have lagged the most recent advance in the S&P 500 and other
cap - weighted indices.
Still, despite its massive debt load (nearly $ 14 billion net of cash), Intelsat
remains a company with a very
small market cap.
Indexing has shown it can reliably deliver
market returns and
remain style consistent, whereas investing in active
small -
cap and mid-
cap funds may result in overshooting
markets during some periods, undershooting in others, altering style unpredictably, and generally compounding total risk without commensurate reward.
It aims to
remain broadly in - line with traditional
market -
cap weighted U.S.
small cap indices.
As I mentioned earlier, 35 % of our current 401k funds and 35 % of all future contributions will
remain in
small cap stocks, emerging
markets, REITs and fixed income.
With a
market cap of $ 240 million, this micro-
cap remains undiscovered by a lot of investors and too
small for investment by large institutions.
This ETF's the only non-US listed Irish fund available, but its
market cap / AUM also
remains far
smaller than the alternatives, New Ireland Fund (IRL: US) or iShares MSCI Ireland
Capped ETF (EIRL: US).
We continue to believe that compelling value is far more likely at the
small end of the
market cap spectrum, and this
remains the core of what we do.
Remember, this is the company with the
smallest market cap of the three, yet the company at which the former ITT president CFO opted to
remain with as CEO.
While they've added more flavors of funds lately — Emerging
Markets Small Cap, Microcap Value, and Global Tech — their focus on great,
smaller companies has
remained.
Crypto
markets remain in the green, as Bitcoin and Ethereum see
small gains in their price with total
market cap also increasing.
However, the
markets remained divided along valuation lines, with
small cap commercial real estate maintaining momentum against the broader moderation.
In
small cap commercial
markets, REALTORS ® reported that the shortage of available inventory
remained the number one concern, and counted as the main driver of price movement.
Key takeaways: 1) The U.S. continues as an attractive investment destination for commercial real estate investors; 2) Commercial fundamentals
remain on an upward trend, boosted by solid employment gains; 3) While investors have taken a step back over the past year, leading to declining sales volume in large
cap markets,
small cap markets benefited from increased visibility and capital inflow, as growing local economies and higher investment yields provide diversification to investors.