Equities  

Investors back large-caps over smaller companies

Mr Molica added: “There are sector sensitivity and concentration issues that must be understood by investors. As one such example, the top 10 holdings in the FTSE 100 account for 43 per cent of the exposure versus just 11 per cent for the FTSE 250. Therefore, mid-caps provide greater diversification benefits at a stock selection level.”

eleanor.duncan@ft.com

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