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Jul 31, 2003

Small-cap rendezvous

How do small cap fund managers find their targets? And what can small cap IROs do to make sure they get noticed?

'Smaller companies are being ignored by the business and analyst community; they are slightly unloved.' So said Guy Eastman, European investment director for Schroder Ventures International Investment Trust, in the Financial Times in mid-May. According to him, the current poor stock performance of many small caps is making it harder for them to raise capital, and many are now becoming turnaround targets.At least there are value plays in the small-cap pack. Romain Burnand, small cap fund manager

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