Small Cap Stocks: Start of a New Cycle
Friday, September 26, 2025
After 18 months of false rallies, the Russell 2000® Index (“Index”) reached new highs for the first time in over three and a half years, marking the second-longest stretch between peaks in its history. We view this milestone as a pivotal signal that a new small-cap cycle is underway.
Dennison T. Veru
Senior Partner,
Chief Investment Officer
Amrita Thapa, CFA
Managing Director,
Risk Management & Client Solutions
Marc Shapiro
Partner,
Senior Portfolio Manager, Core Equity Strategies
Garo Norian, CFA
Partner,
Associate Portfolio Manager, Core Equity Strategies
Dawn Brock
Partner,
Associate Portfolio Manager, Core Equity Strategies
Christopher Mashia, CFA
Senior Vice President,
Core Equity Strategies
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