Скачать или смотреть The ASX small-cap rebound (plus 3 stocks to add to your watchlist)

After being weighed down by higher interest rates and cautious consumer spending, the small-cap comeback is underway. For small-cap investors, their resilience has been rewarded after the last few years of mid and large-cap dominance.

In a recent interview, Gary Merkel of Elston discusses why he thinks the small-cap segment is just at the beginning of its recovery, what sectors stand to benefit most from rate cuts, and why sticking to being true-to-label has been tough but rewarding.

For the full insights, watch the video above, or read the summary below.

Please note, this interview was recorded Wednesday, 24th September 2025.

Timecodes:
00:20 - Opportunities in small caps amidst the current market backdrop
01:40 - Staying true to label as small-cap specialists
02:40 - The effect of rate cuts on the small-cap universe
03:50 - Staying disciplined in a volatile environment
04:53 - Portfolio construction and managing risk
06:30 - Short-termism in the market and 2 small-cap stock stories
09:30 - Recent additions and exits to the portfolio
11:05 - Biggest risk and opportunity heading into the next phase of the cycle