The New Criterion

When it comes to small caps that have lost their way, it’s all too easy for investors to banish them from their portfolios and move to fresher pastures. In fact, it’s quite cathartic. But enterprises rarely evolve in a neat…

Small caps moving offshore produce big returns

Investors looking for opportunities in the small cap end of the Australian equity market should focus on companies that include international expansion as part of their business strategy. This is the approach that has been taken by a couple of…

The New Criterion

One value-seeking investor recently proposed a daring mission for Criterion which, naturally, your intrepid columnist chose to accept: identify a handful of small cap stocks with reliable earnings and dividends, trading on an earnings multiple of 10 times or less…

Small cap outperformance unlikely to last

A score of Australian small cap stocks have made spectacular gains this year, lifting the performance of the small cap index above the large caps. It’s been a great six months or so for investors in companies like a2 Milk…

Forager Australian Shares Fund one for the contrarians

Independent Investment Research has initiated coverage of the Forager Australian Shares Fund, giving it a ‘recommended plus’ rating for its ability to produce superior risk-adjusted returns consistently over a long period. IIR says that with its focus on small caps,…