PETALING JAYA: With the fate of many bigger companies tied to waning external demand, low commodity prices and dwindling capacity to spend locally, RHB Investment Bank Bhd feels there is better potential upside in the small cap market.
Chief executive officer Robert Huray said chances of finding winners in the new norm post the coronavirus (Covid-19) pandemic will be higher for smaller and nimbler companies that can better capitalise on emerging opportunities.
“Against the backdrop of heightened uncertainties, alpha hunting remains a daunting task for most investors given the fact that the FBM KLCI has rallied vigorously, narrowing its year-to-date losses to 13% which ultimately raises the question of further upside potential for big liquid stocks.
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