Microequities Asset Management Group Limited (ASX:MAM)

Microequities Asset Management Group Limited, a value-driven fund manager specialized in industrial microcaps and small caps, has issued a market update amidst a period of significant global equity market volatility. This volatility, driven by macroeconomic and geopolitical factors such as an energy shock resulting from Middle Eastern conflict, has led to declines in global equity markets. As a result, Microequities' Funds Under Management (FUM) fell from approximately $657.0 million at the end of December 2025 to approximately $518.14 million by 1 April 2026. Despite these challenges, the company remains strongly capitalized, continues to operate profitably, and maintains a robust balance sheet. The investment management team is optimizing its portfolios to capitalize on opportunities to acquire high-quality growth assets at discounted valuations, positioning the funds for potential outperformance as market conditions stabilize and recover. The company acknowledges the likelihood of continued near-term volatility but anticipates a market recovery as sentiment stabilizes.