Recorded 30 April 2025

The Australian microcaps market is a large under-researched investment universe, characterised by heightened volatility but offering significant growth potential.

In this interview, Joel Fleming (Portfolio Manager, Microcap Equities) reveals why current market conditions favour microcaps and how having a portfolio that is less dependent on macroeconomic factors can yield long-term capital growth.

He shares insights into what makes a successful microcap, the sectors where he’s finding value, and why waiting for the “perfect” entry point could cause investors to miss out on significant growth opportunities.