Investment Overview

The Eaton Vance Global Small-Cap Equity Strategy offers exposure to a broadly diversified portfolio of high quality, global small cap companies.
 

Investment Philosophy

We focus on three definable inputs - Quality, Valuation, and Time (QVT). Our focus on quality drives a preference for well entrenched franchises with durable and scalable business models, typically benefitting from either structural growth (compounders) or structural change (improvers). We believe a disciplined combination of quality in a reward-to-risk framework with a long-term mind-set can uncover sources of alpha in the broad and inefficient small cap universe.
 

Investment People

Depth, expertise & location
151 person team with an average of 15 years of experience located in Boston, London, and Tokyo
Supported by the broader Eaton Vance equity group with over 502 investment professionals
Analyst driven process within a collaborative culture
High levels of accountability, with distinct lines of responsibility.
1Five investment professionals are product dedicated, while the remainder have multi-strategy responsibilities. 2Portfolio managers, analysts, and traders including US and Global/International Equity team members.
 

Process

Bottom-up, in-depth fundamental analysis
Structured to implement our philosophy in a disciplined and repeatable reward-to-risk framework
Portfolio exercises ensure team ownership, encourage collaboration, and test biases
Ensures all research adds value – working list, wish list, research library
Clearly defined portfolio construction and risk management parameters
 

Portfolio Construction

Clearly defined portfolio construction
120 – 180 holdings3
Quality/core bias
Alpha driven by bottom-up stock selection
Positioned for capital preservation in addition to capital appreciation
3The number of securities/holdings indicated is the current range typically associated with this type of account and will vary depending on account size, client parameters and market conditions prevailing at the time of investment..
 

Investment Team

Aidan Farrell4
Director Global Small-Cap Equity, London
Non-US Consumer, Energy, Utilities, Financials
23 Years' Industry Experience
J. Griffith Noble, CFA5
Director US Small-Cap Equity, Boston
US Industrials, Energy, Materials
23 Years' Industry Experience
Mike McLean, CFA5
Director US Small-Cap Equity, Boston
US Consumer
17 Years' Industry Experience
GLOBAL EQUITY ANALYSTS
Claus Roller, CFA4
London
Non-US Information Technology, REITS
29 Years' Industry Experience
Nakaba Minai4
Tokyo
Japanese small caps
23 Years' Industry Experience
Brian Hertzog5
Boston
US Technology
20 Years' Industry Experience
Samantha Pandolfi, CFA
London
Non-US Healthcare
19 Years' Industry Experience
Andrew Valk, CFA5
Boston
US Utilities, REITS and Industrials
13 Years' Industry Experience
Prachi Samudra5
Boston
US Financials, REITS
12 Years' Industry Experience
Allen Mayer, CFA4
London
Non-US Industrials, Materials
7 Years' Industry Experience
Steven Reece4
London
Non-US Consumer
7 Years' Industry Experience
Ryan Cavanaugh5
Boston
US Healthcare
6 Years' Industry Experience
Jared Allen, CFA4
Boston
Financials
6 Years' Industry Experience
*The team is supported by two equity research associates 4Denotes investment professionals dedicated solely to International/Global Small-Cap.5Denotes members of the Eaton Vance US Small-Cap Investment Team.
 

Benchmark

MSCI World Small-Cap Index