AIM has evolved considerably since its launch almost 25 years ago. And over the past decade – the lifespan of the LF Gresham House UK Micro Cap fund – the market’s popularity has grown.
Over the past three years, the strategy’s Citywire AAA-rated manager Ken Wotton has returned 45.4% versus a peer average of 34%.
Here, he shares lessons learned since the fund’s inception and reasons why investors should not overlook the micro cap market.
Gresham House PLC (LON:GHE) is an investment company incorporated in the United Kingdom. The Company focuses on building a platform for relatively differentiated, specialist or illiquid assets in order to generate superior returns for shareholders of the Company over the longer term.