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


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

*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.

6 Years' Industry Experience


 

Benchmark

MSCI World Small-Cap Index