Financial Times FT.com

The UK’s small caps offer scant shelter

By John Willman

Published: March 12 2009 16:05 | Last updated: March 12 2009 16:05

Last year was one that most investors will wish to forget – and that is certainly the case for those who invested in mid-market company shares.

As the financial crisis deepened in 2008, the stock market plunged and the FTSE All-Share index fell almost a third.

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