US$205bn asset manager: Rates reversal bodes new era for US small caps

While headlines in 2024 have been dominated by success stories of large US tech firms making huge gains, US$205.2 billion AUM firm Lazard Asset Management (Lazard AM) believes the time may be right for a revival in US small caps. Among others, US small caps could disproportionally benefit from rate cuts due to the high amount of floating rate debt…

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