Small caps have long been the hunting ground for investors seeking outsized growth, but they also demand a sharper eye and stronger conviction.

Whilst smalls have woken from a long slumber in 2025, beneath the headline names a new generation of companies is quietly building momentum - firms with unique market positions, improving fundamentals, or catalysts that could soon propel them into the spotlight.

In this episode of Buy Hold Sell, Livewire's Chris Conway is joined by James Nguyen from Tyndall Asset Management and Shaun Weick from Wilson Asset Management. Together, they shine a light on five small-cap hidden gems; businesses that aren’t household names yet, but might be tomorrow.

They unpack what makes each one special, the triggers that could unlock their value, and the key risks investors should keep in mind. Whether you’re hunting for the next breakout stock or simply looking to understand what drives performance in this dynamic part of the market, this episode is full of actionable insights from two seasoned small-cap specialists.

Please note that this episode was filmed 5 November 2025