Welcome!

News Feed Item

Finding Small Cap Equities that Grow in All Macro Environments



Jane M. White of Granahan Investment Management, Inc., an investment management firm at the marcus evans European Pensions & Investments Summit 2014, on small cap equity investing

LONDON, Apr 21, 2014 - (ACN Newswire) - "Small cap companies have outperformed large caps in almost every market cycle," highlights Jane M. White, Co-Founder, President & Chief Executive Officer, Granahan Investment Management, Inc. "There are many innovative small cap companies with compelling products and services that do not need a positive macro environment in order to grow," according to White. "For instance, in the 2009 recession, over half of the companies in our funds grew their top line by over 15 per cent. These companies are problem solvers. Their products are innovative and help other companies increase productivity or reduce costs, so they are not as dependent on the macro economy."

However, there are a large number of US small cap companies, many of which are immature or low-growth businesses, so close scrutiny is required, she adds.

Granahan Investment Management, Inc., an investment management firm that specializes in small cap equities, will be present at the marcus evans European Pensions & Investments Summit 2014 in Montreux, Switzerland, 28 - 30 April.

- What long-term value would small cap funds add to an investment portfolio?

It is simply a matter of scale. It is a lot easier to grow a company from USD 100 million to USD 1 billion in sales, than to grow a USD 1 billion company to USD 10 billion in sales. There are risks involved, but when you understand the companies that you are invested in, the risks can be limited, and the upside attractive.

Given the potential for long-term returns - compared to private equity, real assets, and other asset classes that pension fund investors are interested in today - the small cap equity market can provide good capital appreciation with little liquidity risk.

- What level of diversification is required to minimise investment risk?

We diversify our portfolio in several ways, including by company lifecycle. We own Pioneers, companies - frequently without earnings - that are creating new markets, Core Growth companies, organisations that are more established with good earnings visibility, and Special Situations, companies with major dynamic changes, such as a new product, new management or a cyclical factor that could drive the company's growth.

We also diversify by sector, and we believe it is critical to have sector experts guiding stock selection for their respective areas. To identify opportunities, it is important to know the companies well, to meet the management and competitors and industry insiders, and understand the value add to their customer. A sector expert is in the best position to understand a company, and in turn to know when to hold the underlying stock.

- What are the opportunities in the small cap space today?

We are in the middle of a technological revolution that is driving small company growth, including advances in mobile computing, social media, cloud computing, electric vehicles and genomic research. It has taken ten years to digest the innovation from the 1990s, and now companies are capitalizing on that research. Our mission is to find companies with open-ended opportunities, follow them closely and use our disciplined valuation methodology to guide us to own their stocks when risk/reward is attractive.

- What qualities do you look for in these companies?

We look for companies that are in a market leadership position, with quality management and strong balance sheets. Ideally, the company would be in a position to improve profitability and have a favourable competitive landscape. We talk to the suppliers, competitors and customers of the company, to make sure that the company has a strong value proposition for its product or service. We believe that investing in strong companies can mitigate downside risk.

About the European Pensions & Investments Summit 2014

This unique forum will take place at the Fairmont Le Montreux Palace, Montreux, Switzerland, 28 - 30 April 2014. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on increasing fund resilience, establishing a robust risk framework, capturing investment opportunities and assessing the true value of emerging market investments.

For more information please send an email to [email protected] or visit the event website at www.epi-summit.com/JaneMWhiteInterview

marcus evans group - investment sector portal - http://www.marcusevans.com/reviews/investment

The Investment Network - marcus evans Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations.

- LinkedIn: www.linkedin.com/groups?gid=3937929&trk=hb_side_g
- YouTube: www.youtube.com/MarcusEvansInvest
- Twitter: www.twitter.com/meSummitsInvest
- SlideShare: www.slideshare.net/MarcusEvansInvest

Please note that the Summit is a closed business event and the number of participants strictly limited.

About Granahan Investment Management, Inc.

Granahan Investment Management is a small cap equity specialist. GIM is an independent, employee-owned investment management boutique whose sole focus is to provide quality small cap equity investment services to institutional investors and family offices. Since its inception in 1985, the firm has grown to $3.5bn in assets representing several large institutional clients. www.granahan.com

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-to-one business meetings. For more information, please visit www.marcusevans.com.

All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to [email protected].

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com.

- Twitter: www.twitter.com/meSummitsGlobal
- YouTube: www.youtube.com/user/MarcusEvansGroup
- SlideShare: www.slideshare.net/MarcusEvansSummits

Source: marcus evans Summits

Contact:
Sarin Kouyoumdjian-Gurunlian
Press Manager, marcus evans, Summits Division
Tel: +357 22 849 313
Email: [email protected]




Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.