VGK - Will 2019 Be The Year Of Small Caps (In Europe)?
By Christopher Gannatti, CFA, Head of Research, Europe
I admit it - I was stunned by January's turnaround in market performance.
It seemed logical to consider a more defensive approach. And if someone had asked me if it was appropriate to over-weight small-cap equities, I wouldn't have had the guts to say yes after being shell-shocked by the VIX spiking to 36 in late December.
But small caps have been off to an incredible start in 2019.
What's Easy? Slipping Into Old Patterns
With the current global backdrop, a U.S. allocation is one of the