Shares in the good-quality growing businesses that Montanaro UK Smaller Companies (MTU) seeks to buy appear to have experienced a sharp selloff since the beginning of 2022, when interest rates began to rise in response to rampant inflation. Manager Charles Montanaro says he is focused on picking stocks for the long term rather than trying to second-guess macroeconomic trends. He and his extensive team aim to have a strong dialogue with the management of these companies. He observes that high-qua ....