The No. 1 reason growth is doing better than value in small-cap stocks this year is the strength in technology, which is really getting its sea legs. However, small caps in general have benefited this year from an outflow of money from emerging market Far East funds that had a great run and also from some resetting of investor 401(k) retirement accounts.
William McVail
There's no secret sauce in our process. We have a 17-person research team that works on understanding our industries and identifying trends that are really strong, then buying the best name.
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