Trust Issues: Investing in UK small caps with RKW’s Richard Staveley

In this episode of Trust Issues, we speak to Richard Staveley, manager of Rockwood Strategic, about the investment case for UK small-caps, including recent performance, the catalysts for a rally in UK small-caps, the outlook for M&A and the most exciting opportunities across the sector.

00:00 Introduction
00:39 Performance in 2025
05:33 Catalysts for a small cap rally
09:39 Valuations and stock selection
13:33 Outlook for M&A
18:12 What makes Rockwood different
22:08 Further information
22:27 Risk warning

Our latest note on RKW - https://www.trustintelligence.co.uk/investor/articles?fund_id=1610 
RKW website - https://www.rockwoodstrategic.co.uk/   

Please note that this podcast was recorded on 27 January 2026.