Jonathan Davis as he interviews Alex Wedge, Fund Manager at Liontrust Asset Management PLC, discussing the Liontrust UK Microcap Fund's exceptional performance and investment strategy. Specializing in UK's smallest companies, predominantly on AIM, the fund focuses on owner-managed businesses with strong intellectual property, distribution networks, or repeat business models. Alex shares insights into their rigorous investment process, emphasizing profitability, strong balance sheets, and strategic valuation assessments using the Quest system. Despite market challenges, the fund maintains a commitment to its investment principles, delivering consistent performance with lower volatility compared to broader market indices. Gain valuable perspectives on microcap investing and Liontrust's approach to navigating dynamic market conditions.