Joel Fleming: The magic of microcaps

Why should investors allocate to microcaps right now?

23 Jul 2025

Joel Fleming sits down with The Inside Network, stepping through Joel's career in the emerging companies space and unpicking his approach to microcap investing which has delivered strong outperformance for clients since 2014.

Joel Fleming (Portfolio Manager, Microcaps) catches up with James Dunn from The Inside Network to talk through the magic of microcap investing.

They discuss how Joel defines a microcap, Yarra’s research effort, and unpick why investors should have an exposure to microcaps at this point in the cycle.