The European Small Cap team employs a fundamental bottom-up approach to identify companies in the intersection between quality and valuation often coupled with transformational change or significant changes to the equity story. Subject to a rigorous set of risk controls, we buy those companies at the largest discount to our assessment of value. The strategy retains an objective, fact-based and disciplined approach towards allocating capital based on a systematic process.
The investment process is based on continuous screens of the European small cap market coupled with fundamental analysis. We believe an active stock picking strategy is the best suited to add value in the small cap asset class as the class' constituents tend to be the most dynamic and adaptable within the economy able to make outsized profits.