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After years of underperformance, companies with a smaller market capitalisation are rising faster than bigger blue-chip names. The Russell 2000 index of smaller US-listed companies is up by more than 47% since the start of November, when markets began to shoot higher on vaccine optimism, and has advanced 15% year to date. By comparison, the benchmark S&P 500 is up 19.5% since November and 4% this year. The Russell 2000 is also expected to benefit from a boost to banks, given their weight in the index...

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