Small caps

Investing in smaller, competitively-advantaged businesses

Objective

We aim to achieve long-term capital growth by building high-conviction portfolios of smaller, competitively-advantaged businesses able to create value for investors over the long term.

Philosophy

In our view, smaller companies:

are often overlooked, under-researched and under-valued;
can deliver sustainable long term growth by combining a focussed approach with leading positions in specific markets; and
offer more opportunities for investors to unlock value over the long term through active engagement with company management teams.

Approach

Our dedicated small-cap investment team follows a disciplined, repeatable process designed to:

select high-quality, small-cap businesses with attractive fundamentals, durable competitive advantages and strong leadership teams;
make investments in these companies at attractive entry point valuations; and
build high conviction, well-diversified portfolios with a long-term owner mindset.

We deliver this approach with a global, European or Netherlands focus.

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.