The Financial Post reports on a new study co-authored by Ivey Professors Stephen Sapp and Stephen Foerster on micro-cap stocks in Canada.
“We find that micro-cap stocks in Canada have relatively high returns and a low correlation to large stocks in Canada, the United States, and other developed markets,” says the study.
Lionel Fogler, vice-president at value investor Kingwest & Co. in Toronto, authored the paper with the two Ivey professors.