Kempen Global Small-caps UK
Our bottom-up investment philosophy is based on long-term value. We believe that the stock market generally is too much focused on the short-term. Stock prices regularly over and undershoot. Valuations, particularly of small-cap stocks, often do not reflect the intrinsic value of the companies. As long term, engaged shareholders we focus primarily on the fundamentals of the businesses we invest in. Our in-depth stock specific analysis combined with our long term investment horizon allows us to take advantage of mispricings in the market. We do not shy away from taking contrarian views. The end result is a well-diversified portfolio of 60-90 companies spread across sectors and regions.