It's not quite been 'Anarchy in the UK' but it has certainly been a challenging period for UK equity investors. In this month's podcast we chat to Ken Wotton and Cassie Herlihy from the Gresham House Public Equity team. Alongside a broader discussion of the UK market's fortunes we explore why M&A has been such a large feature of small cap investing and their listed investment trust – Strategic Equity Capital.