“The Case for Global and International Small-Cap Equity. Academic studies have consistently demonstrated that small-cap equities have outperformed their large-cap peers over time. These studies have also discovered that small-cap equities behave differently than large-cap equities. Small-cap active managers appear to have a better record of adding value than their large-cap counterparts. These findings are
consistent in the United States and across the globe. The Lazard Global and International Small Cap Equity teams suggest some potential explanations for small-cap outperformance and show how an active approach is well-suited for small-cap equity investing.” – Lazard Asset Management
autor: Lazard Asset Management
publicação: February 2015
