In this episode of Trust Issues, we speak to Richard Staveley, manager of Rockwood Strategic, about the investment case for UK small-caps, including recent performance, the catalysts for a rally in UK small-caps, the outlook for M&A and the most exciting opportunities across the sector.
00:00 Introduction
00:39 Performance in 2025
05:33 Catalysts for a small cap rally
09:39 Valuations and stock selection
13:33 Outlook for M&A
18:12 What makes Rockwood different
22:08 Further information
22:27 Risk warning
Please note that this podcast was recorded on 27 January 2026.