Curious about how the showdown between Kamala Harris and Donald Trump will affect your investments? Our portfolio manager Bruno Lamoral analyses the potential market shake-ups after the November elections.

Over the past two decades, European small-cap equities have consistently demonstrated their potential to enhance portfolio performance. Historical data shows that small caps have outperformed large caps by an average of 2% per annum over the last 20 years.

The global economy has recently weathered significant disruptions—from the COVID-19 pandemic and inflationary pressures to supply chain challenges and geopolitical tensions. These factors have introduced a high degree of uncertainty, prompting investors to seek safety in larger, more established companies—a shift which has notably impacted small-cap stocks that have underperformed relative to their large-cap counterparts.