Small but mighty: The defensive power of smaller companies

From energy shocks and war, to AI disruption and market concentration, investors are wary of the threats their portfolios currently face. As an act of defence, they may look towards popular consumer brands, a mega-cap, or “safe-haven” assets such as gold. Yet, could investors be overlooking an allocation to smaller companies to spread their risk? Here, Artemis explain three interrelated factors that make the case: 1. The definition of a “defensive asset” has changed following world events 2. The fundamentals of some smaller caps are compelling, in comparison to large US companies 3....