Making Headlines

FTAdvser.com reporter Oliver Good interviews Whitney George (in his role as portfolio manager of Legg Mason US Smaller Companies Fund) in the article, "Legg Mason's George Sees a Bounce for Small-Caps." Oliver quotes George, "In addition to the interest rate cuts and additional lending facilities implemented by the Fed, stronger-than-expected earnings announcements, especially from smaller companies, provided support to the U.S. equity market. Within small-cap stocks, higher-quality companies performed well." Oliver asks George to identify pockets of strength within the global small-cap arena, and George points to industrials which he views as the "true growth stocks of the current decade," given robust construction demand from China and elsewhere in the emerging markets.