Yvan Delaplace
Senior Investment Specialist & Fund Analyst
中小型企业
与市场优秀的公司共同发掘强劲的增长潜力: 一个由优质中小型企业（SMID）组成的精选投资组合，有可能在中长期内带来高于平均水平的回报。
通过采用缜密的 “自下而上” 的选股方式，我们我们遵循 "合理价格优质" ("Quality At a Reasonable Price")的投资风格，意在以合理价格投资于优质的企业。我们聚焦于符合我们质量门槛要求的公司，综合考量其财务实力、持续盈利能力以及践行环境、社会和治理原则(ESG)等多种因素。此外，我们也积极在中小型板块中，发掘股价出现错配的机会，找出当前市值尚未反映其质量的公司。
由于对中小型企业领域的研究相对不充分，因而为投资者开创了机会，能以合理价格投资于发展成熟且基本面强劲的公司，包括拥有稳固的市场份额、健康的利润率和稳定/可预测的利润等特质的公司。我们认为，与更广泛的股票市场相比，SMID 市值市场的有效性相对较低，其中一个主要原因在于，分析师在中小型企业领域的研究覆盖面明显小于大型企业领域。作为长期投资者，我们旨在善用这些低效所带来的机遇，通过估值重估和盈利复合的方式，来寻找具有吸引力的投资前景。
全球中小型企业的定义和可投资领域
Generating consistent returns with SMID caps
瑞联银行投资专家和基金筛选师Cédric Le Berre 与Bell Asset Management首席投资官Ned Bell，畅谈与瑞联银行组成合作伙伴的利益，以及对于全球中小型股份的动能之看法
联系我们
06.12.2024
Delving into the small and mid-cap market after the election
Where should investors position themselves following Trump’s re-election? To discuss this, our expert Cédric Le Berre had a chat with our partner Bell Asset Management’s Chief Senior Strategist, Andrew Sleeman.
27.03.2024
Four reasons to consider global SMID caps in 2024
As the “Magnificent 7” generate risks in the segment, diversification within equities becomes key. Global small- and mid-cap (SMID) stocks, represented by the MSCI World SMID Cap Index, are emerging as a compelling option.
25.02.2021
UBP’s small- and mid-cap capabilities
SMID-cap equities are poised to mean revert and outperform over the next three to five years. The best time to allocate to SMID caps is when earnings are “depressed”, i.e. now.
14.12.2020
The case for Swiss and European SMIDs
L'Agefi (04.12.2020) - Small- and mid-cap companies (SMID caps) have traditionally delivered superior long-term growth and returns than large caps. They also allow investors to gain exposure to key secular trends. However, finding the most promising companies requires a highly disciplined selection process.