In this episode of The Fund Managers, Escala Investment Analyst, David Bruty, interviews Chris Prunty, Portfolio Manager of the QVG Opportunities Fund. Chris discusses the fund's recent participation in the highly-publicised initial public offering (IPO) of Guzman Y Gomez and the attractive characteristics of the company that provide the foundation for a strong runway of growth. The pair also discuss the outlook for small caps here in Australia following a recent rotation in the US that has been driven by the rising expectation of an easing in policy by the Fed.