Fixing the strategic small cap underweight: Part 2
June 25, 2026
What recent small-cap performance means for portfolio allocation decisions and why common objections to the asset class may need to be revisited.
A concentrated portfolio of global, international, and emerging markets small
capitalization stocks employing a fundamental approach to identify companies
with unrecognized and accelerating earnings growth potential.
Highlights
Small Cap Specialist: Exclusively focused on the small cap market
Experienced and Stable Team: Seasoned partners with proven investment results
Rigorous Research: Detailed fundamental research supported by management meetings and secular themes
Robust Portfolio Construction: High conviction portfolios driven by security selection and designed to mitigate factor risks
Philosophy
Earnings growth per share drives stock prices
Secular growth themes support outperformance
Identify good companies with unrecognized growth potential
Long-term investment horizon for value realization
Investment process
Research Prioritization of 11,000 names
Engage with companies, including around 1,000
management meetings per yearAnalyze the universe based on capitalization and quality metrics
Fundamental Research
Rigorous bottom-up analysis on 250-300 names
Seek undiscovered value in companies with strong earnings growth
Forecast intrinsic value using a range of valuation tools
Investment Themes
Find companies expected to benefit from secular growth themes
Environment, Social & Governance
ESG factors integrated into investment analysis
Utilize proprietary scoring system designed for the small-cap universe
Portfolio Construction & Risk Management
Build high conviction portfolios
Focus on adding value from security selection and minimizing factor risk
GLOBAL
SMALL CAP
A concentrated portfolio of global small capitalization stocks employing a fundamental approach to identify companies with unrecognized and accelerating earnings growth potential.
INTERNATIONAL
SMALL CAP
A concentrated portfolio of non-North American developed countries (EAFE) small capitalization stocks employing a fundamental approach to identify companies with unrecognized and accelerating earnings growth potential.
EMERGING MARKETS SMALL CAP
A concentrated portfolio of emerging markets small capitalization stocks employing a fundamental approach to identify companies with unrecognized and accelerating earnings growth potential.
SUSTAINABLE GLOBAL
SMALL CAP
A concentrated portfolio of global small capitalization stocks employing a fundamental approach to identify companies that can deliver both long-term capital appreciation and contribute to positive environmental and social outcomes.
Insights
Read More
Fixing the strategic underweight: Part 1
June 18, 2026
Small caps have outperformed large caps on both sides of the Atlantic – even amid rising rates, oil volatility and negative economic surprises.
From sea to shore: Vessel engines enter the AI infrastructure race
June 4, 2026
As speed-to-power becomes increasingly important to the rapid growth of AI and data centres, developers are turning to alternative solutions.
Necessity, the mother of invention
May 21, 2026
China’s semiconductor ambitions are becoming an increasingly important part of the global investment story.
Narrow strength, rising risk
May 7, 2026
Earnings are proving resilient – but leadership is narrowing, and macro risks are rising.
Infrastructure investment: The tools, materials and makers powering civil works
April 23, 2026
Infrastructure spending is accelerating and the most durable opportunities often sit in civil works and maintenance.
Sedimentary, my dear Watson: Lime and limestone applications across industries
April 9, 2026
Lime and limestone uses are often overlooked, but they actually sit at the centre of Europe’s industrial system.
From renewable buildout to grid integration: What Europe needs to support its energy transition
March 26, 2026
A look at the “picks-and-shovels” layer of the energy transition: the cable and grid systems required to deliver, scale and monetize renewable electricity in Europe.
Sleep on this: From better rest to better returns
March 12, 2026
As spending shifts toward wellness, travel and lifestyle balance, the growing sleep economy is emerging as a compelling long‑term investment theme.
Japan: A tech paradox
February 26, 2026
Accelerated by the pandemic, Japan’s shift from legacy systems to cloud-based solutions highlights opportunities and challenges within the country’s IT landscape.
Capstone Copper: Positioned to benefit from a structurally tight copper market
February 12, 2026
Copper markets are entering a structurally tight phase while Chile’s evolving policy backdrop is improving the outlook for long-life, capital-intensive mining assets.
Five reasons European retail brokerages keep outperforming
January 29, 2026
Retail investors have reshaped markets, and European brokerages have been among the biggest beneficiaries.
Five ESG trends for 2026
January 15, 2026
Despite some recent pushbacks, ESG is here to stay and remains a critical lens for identifying material risks and long-term value in a changing world. Here are five key ESG trends shaping 2026.
2026: The year quality starts to matter again
December 18, 2025
Farewell 2025 tech bubble, hello quality-focused reset in 2026.
Addressing the myopia pandemic
December 11, 2025
Myopia rates are surging worldwide, especially among children and teens, but industry leaders are innovating solutions to improve access to vision correction worldwide.
For additional information on Global Alpha Capital Management Ltd., please contact:
Jean-Philippe Lemay
Managing Director,
Head of Institutional Sales,
Global
Eric Hasenauer
Senior Vice President,
Co-Head of Institutional Sales,
USA
John Ricketts
Senior Vice President,
Co-Head of Institutional Sales,
USA
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Global Alpha Capital Management Ltd.
December 17, 2021