Small caps have outperformed every asset class since 1970, BofA analyst Richard Bernstein says...

|By:, SA News Editor

Small caps have outperformed every asset class since 1970, BofA analyst Richard Bernstein says in a note this morning. According to portfolio manager Adriana Posada, "They lead the way out of recession and in a big way, and that's when you get a lot of that excess performance."