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The Numis Smaller Companies Index (NSCI), which measures returns from investing in small- and mid-cap UK companies, ended 2014 with a positive return of 0.8 per cent, almost identical to the 0.7 per cent positive return of the FTSE 100 index. The report was co-authored by Elroy Dimson, Chairman of the Newton Centre for Endowment Asset Management at Cambridge Judge Business School and Emeritus Professor at London Business School.

Read the full article [cambridgenetwork.co.uk]