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Brexit could create surprise wins, says small-cap outperformer

Citywire + rated Gilles Lequeux is currently strongly underweight the UK market in his European small-cap fund, but he expects Brexit negotiations have the potential to produce some enticing valuations in the years ahead.

Lequeux, who runs the DPAM Invest B Equities Europe Small Caps fund, believes the consumer space is definitely worth watching, but warned investors against fixating on the size of benchmark allocations in the small-caps space.

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