Small-cap boost for Brooker Sukhothai


Thai small cap stocks have been playing catch up, giving a big boost to the Brooker Sukhothai Fund, which returned 6.42% in April.

For the past 15 to 18 months, Thai small caps had been underperforming quite a bit because of liquidity constraints and rising interest rates, but now we’re starting to see some catch up by small companies, said fund manager Adrian Dunn.

The fund, which is focused on Thai-only listed equities, doesn’t invest only in small cap stocks but, as a value fund, tends to find value in smaller companies. The fund was very defensive last