Small caps roar back with a lead over the ASX200… but can they hold the mantle or is safety in the giants?

Australian small-caps no longer deliver a return premium simply by virtue of their size, making passive approaches unsuitable for the asset class. However, inefficiencies in the market create strong opportunities for skilled active managers like Lennox Capital Partners to generate alpha through disciplined stock selection.

Lennox's Small Companies Fund has produced consistently strong double-digit compound returns for investors. James Dougherty explains how.

Lennox Capital's Liam Donohue says a consistent approach to small-cap investing helps it identify winners and make money for investors.