The Fund seeks to identify value by eschewing mega-cap
exposure -- such as international oil companies -- and instead focusing on small- and mid-cap companies with visible drivers and long-term advantages that will allow them to benefit the most from the U.
Clem Chambers, chief executive of ADVFN, self-styled Europe's number one stocks and shares website with over one million registered users, says the first cracks in the stock market became evident in February; he thinks hedge funds were dumping shares in mega-cap
FTSE stocks to balance "hits" they were taking on sub-prime debt.
And I think investors will get tired of mega-cap
stocks, like Intel and Microsoft, once the diminishing returns take over.
Potential strategy: Overweight high-dividend mega-cap
stocks, smaller developed markets, emerging market equities, and corporate bonds
Bob has overseen and supported IR activities for 28 years working for and with companies ranging in size from micro- to mega-cap
, including leading the investor relations functions at The Home Depot, Kmart Corporation, U.
As they become a publicly traded organization, emerging growth companies have unique challenges, especially as they work to present themselves to new shareholders at par with large and mega-cap
We believe our track records show there are significant inefficiencies in emerging markets, particularly outside of the mega-cap
stocks and outside of the export-driven countries.
While that fund benefited from an overweighting last year in some mega-cap
stocks such as Microsoft Corp.
stocks are understood to be those of the largest companies by market capitalization, which is a company's stock price multiplied by the number of its outstanding shares.
Hodges said he expected the consolidation to be led by the mega-cap
companies in the sector, with it being "quieter in the fraternity.
The consequences for income portfolios of a mega-cap
, such as BP, Shell, Vodaphone, HSBC, GlaxoSmithKline, etc, hitting trouble can be seen in recent reports that suggest the BP crisis saw dividends from British-listed companies fall from pounds 58.
The company has a bunch of mega-cap
competitors with Philip Morris (NYSE: PM)(market cap $144bln), Altria (NYSE: MO)($65bln), Reynolds American (NYSE: RAI)($24bln) and Lorillard (NYSE: LO)($15.