Will the Small Cap Market Re-establish the Link Between M&A and Outperformance in 2013?
By Nathan Moser, CFA
"Stock price recovery in the small cap market is far outpacing the large cap sector since the 2008 recession, but something is apparently missing. While the small cap sector benchmark Russell 2000 Index reaches record levels, an historical correlation between increases in small cap stock values and mergers & acquisitions (M&A) activity appears to have decoupled. Accelerating M&A activity could be a tailwind for small cap outperformance in the years ahead." Read More