Equities
Mirabaud Discovery Europe Strategy
Discovering small and mid-cap companies across Europe with compelling long-term growth stories.
We walk a road less travelled, journeying across Europe to discover under-researched companies.
Mirabaud Discovery Europe targets rare, non-mainstream holdings with typically <EUR2bn market cap, as we believe there is less market efficiency in small and mid-caps as a result of lower analyst coverage.
We look for innovative companies dominant in niche markets, run by aligned management and benefiting from transformational change.
A deep research process helps us to identify what we believe to be hidden gems. Company visits are critical and we aim to build mutually beneficial relationships with the firms we invest in through ongoing engagement. The team conducts on average 400 company meetings each year, focusing on those names that look most interesting based on proprietary quantitative and qualitative screening.
Portfolio Characteristics
HIGH CONVICTION | Best-ideas portfolio of 25-40 stocks. Top-10 positions account for >30% of the portfolio. |
SMALL-CAP BIAS | Holdings typically have <EUR2bn market cap. |
RARE HOLDINGS | The strategy is benchmark aware, but not benchmark constrained, facilitating investment into non-index securities. |
FOCUSED ALPHA | >90% active share. |
RISK CONTROL | Focus on company cash, not stock volatility. |
SFDR ARTICLE 8 | Portfolio is shaped by three sustainability megatrends. |
Sustainability Approach
We seek companies exposed to three evergreen sustainability megatrends that we believe will be the pillars that support the world of tomorrow:
SAFER
Making our personal and professional environments more secure.
SMARTER
Harnessing the power of technology to improve quality of life.
CIRCULAR
Reducing waste and using the planet’s resources more efficiently.
Strategy Resources
Fund Information
Monthly Reporting
Monthly Commentary
View the Mirabaud Discovery Europe Ex-UK Strategy details and reporting
Portfolio Managers
Hywel is Head of European Equities at Mirabaud Asset Management and Lead Portfolio Manager for the Mirabaud - Discovery Europe and Mirabaud - Discovery Europe Ex-UK funds.
Trevor Fitzgerald is Deputy Portfolio Manager for the Mirabaud - Discovery Europe and Mirabaud - Discovery Europe Ex-UK funds.
Portfolio Discovery Stories
Equity Insights
Contact Us
Asset management
Benjamin CARTER
Head of UK Wholesale