The Companies No One Appreciates
This article was originally published in Start Up
Executive Summary
Interest in small cap stocks is dwindling on the part of buy-side funds., This is partly due to funds' need for liquidity. But last year's gain of over 50% by stocks of large pharmaceutical companies makes the smaller, riskier stocks even less attractive now. Portfolio manager Skip Klein of T. Rowe Price was a casualty of the relatively poor performance of small cap stocks.