Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Pat Romanski, Elizabeth White, tru welu, Blue Box Blog

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
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the ...
While there are hundreds of public and private cloud hosting providers to choose from, not all clouds are created equal. If you’re seeking to host enterprise-level mission-critical applications, where Cloud Security is a primary concern, WHOA.com is setting new standards for cloud hosting, and has established itself as a major contender in the marketplace. We are constantly seeking ways to innovate and leverage state-of-the-art technologies. In his session at 16th Cloud Expo, Mike Rivera, Seni...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
Cloud Expo, Inc. has announced today that Andi Mann returns to DevOps Summit 2015 as Conference Chair. The 4th International DevOps Summit will take place on June 9-11, 2015, at the Javits Center in New York City. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at ...
EMC Corporation on Tuesday announced it has entered into a definitive agreement to acquire privately held Virtustream. When the transaction closes, Virtustream will form EMC’s new managed cloud services business. The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes the industry’s most comprehensive hybrid cloud portfolio to support all applications, all workl...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are bein...
Enterprises are fast realizing the importance of integrating SaaS/Cloud applications, API and on-premises data and processes, to unleash hidden value. This webinar explores how managers can use a Microservice-centric approach to aggressively tackle the unexpected new integration challenges posed by proliferation of cloud, mobile, social and big data projects. Industry analyst and SOA expert Jason Bloomberg will strip away the hype from microservices, and clearly identify their advantages and d...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enter...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
Thanks to widespread Internet adoption and more than 10 billion connected devices around the world, companies became more excited than ever about the Internet of Things in 2014. Add in the hype around Google Glass and the Nest Thermostat, and nearly every business, including those from traditionally low-tech industries, wanted in. But despite the buzz, some very real business questions emerged – mainly, not if a device can be connected, or even when, but why? Why does connecting to the cloud cre...
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption...
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
Imagine a world where targeting, attribution, and analytics are just as intrinsic to the physical world as they currently are to display advertising. Advances in technologies and changes in consumer behavior have opened the door to a whole new category of personalized marketing experience based on direct interactions with products. The products themselves now have a voice. What will they say? Who will control it? And what does it take for brands to win in this new world? In his session at @Thi...