Asset TV Masterclass | September 6, 2016
Lead Portfolio Manager Chip Rewey, discusses our active approach to small-cap investing on Asset TV
“That’s why small caps are exciting–it’s this factor of more money going passive, so less active research. And in small cap there’s always an aura of neglect, companies are so small nobody really knows what they do, don’t recognize the name, they’re not household names. And so that causes undervaluation in and of itself. So you match those two and you can really do some original active research, know your companies deeply, start with the balance sheet, really know what the assets are and what they can earn over an extended period of time and differentiate.”
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Although our benchmark is the Russell 2000 Value, about 45% of our stocks and dollars that we own are not in there.