Casting a wider net

While buysiders spent the past year climbing up the valuation ladder in search of safer and more profitable investments, some now say they may be looking to get back into smaller caps toward the end of summer.

Sven Borho of OrbiMed Advisors said he’s not bargain hunting on a big scale, but he’s “keeping my powder dry for the summer months, especially if there’s another leg down in the market.”...