Numis at a glance

Our Articles
See all our articles
30
May 2023
INN Conversation with Ethan Hill
25
Apr 2023
INN Conversation with Tiina Winnan
31
Mar 2023
Femtech funding showing its resilience
Latest Transactions
View All
Breedon
£1.2bn
Sole sponsor
Sole sponsor to Breedon Group Plc on its move up from AIM to the premium listing segment of the Official List and to trading on the Main Market of the LSE
May 2023
Helios Underwriting
£120m
Adviser and broker
Adviser and broker to Helios Underwriting Plc
May 2023

Numis indices

 A Guide to the Numis Smaller Companies Index produced by Scott Evans and Paul Marsh of the London Business School

Numis provides a range of indices across the size range of the UK equity market. 

The Numis Smaller Companies index is the most widely used UK smaller companies benchmark, used by most of the UK’s largest fund management groups.

  • The index was created by Professor Elroy Dimson and Professor Paul Marsh of London Business School, who have been instrumental in promoting a global understanding of the smaller companies effect that traces the long term outperformance of smaller companies.
  • The Numis Smaller Companies Index was first published in 1987, with a back-history dating from 1955.
  • On a cumulative basis, a typical investment in smaller companies in 1955, with dividends reinvested, would at the end of 2021 have been worth around 500x the original investment, in real terms. By comparison, an investment in UK larger companies would be worth around 60x the original investment.
  • Over 1955-2021 the Numis Smaller Companies index excluding Investment Companies has outperformed UK larger companies by 3.0% p.a. 

The Numis Alternative Markets index tracks the long term performance of widely used UK markets other than the UK main list. Currently this index therefore provides a track of the AIM market. The index is therefore widely used to benchmark funds and portfolios invested in AIM.

Over fifty fund management and wealth management organisations use the Numis indexes. This reflects their long back history, their strong reputation for performance measurement across the whole size range of the UK market, and wide availability of index data on third party platforms.

For further details, contact the Numis Head of Indexes, Will Wallis.

Documents

Benchmark Statement

The Numis Family of Benchmarks

Quick Guide to the Numis Indices

London 45 Gresham Street, London, EC2V 7BF +44 (0) 20 7260 1000

New York 575 Fifth Avenue, 25th Floor, New York, NY 10017 +1 212 277 7300

Dublin Riverview House, 21 – 23 City Quay, Dublin 2, D02 FP21 +353 1 574 7200

© 2020 Numis Securities Ltd

Numis Securities Ltd is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 144822).

Numis Securities Inc is a registered US broker-dealer and Member FINRA / SIPC.

Numis Europe Limited trading as Numis is regulated by the Central Bank of Ireland.