Expert Investor - Fund Selector Asset Class Report October 2017 FSACR_Oct17_BOOK.v2 | Page 13

In depth: European equities
Small cap vs large cap
Large cap
Small cap
No preference
100
80
Italy Finland
0
20
Switzerland
40
European
60
Growth vs value
Growth
Value
No preference
100
80
0
20
40
60
We also gather style data, asking fund
selectors whether they have a strong
preference between large/small cap
or value/growth.
– For European equities, there is plenty
of appetite for all styles and market caps
among European fund buyers.
– However, there are some strong
preferences. For instance, most German,
Swedish and Finnish fund selectors prefer
small cap over large; value decisively
beats growth in Belgium, France, Norway,
Italy and Spain. Finally, the Finns show the
strongest preference for growth funds.
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