{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"PIWORLD Investor Podcasts","title":"PIWORLD Interview with Iain Staples: Investing in dynamic companies","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/49087be5\"></iframe>","width":"100%","height":180,"duration":3279,"description":"Iain Staples, Fund Manager, on the UK Desk at Schroders, shares how he evaluates dynamic smaller companies for his funds. Firstly, they should make profit and have positive free cashflow, then he describes his four pillars, including their superiority through brand and reputation, then, what he describes as architecture, having the structures in place to operate in any environment; innovation to keep ahead, and strategic assets which make them untouchable. To illustrate, he picks companies with these qualities. He then goes on to give wise advice from his own mistake and gives a view on current markets. A thoroughly entertaining and enlightening interview.\n00:41 Iain’s background03:49 Sectors and themes Iain likes05:11 Selection criteria for investments09:58 Innovation: Oxford Instruments (OXIG), Spectris (SXS) Xp Power (XPP), Big Technologies (BIG)11:54 Strategic assets: Elementis (ELM)13:00 Are you limited in what you can invest in, by company size?14:17 What companies offer good value at the moment?15:03 Eurocell (ECEL)15:26 Strix (KETL)17:56 XP Power (XPP)24:40 Battery storage: Invinity Energy Systems (IES).(PIWORLD interview with CEO of IES https://www.piworld.co.uk/company-videos/piworld-interview-with-invinity-energy-systems-ies-ceo-larry-zulch/)33:10 Meditech 33:34 Renalytix (RENX)40:30 Luceco (LUCE)(LUCE H120 results https://www.piworld.co.uk/company-videos/luceco-plc-luce-interim-results-september-2020/)43:00 Learning from mistakes Saietta (SED); 46:13 NCC (NCC)49:38 Current market valuations\nIain Staples works on:Schroders UK Smaller Companies Fund:Schroders Dynamic UK Smaller Companies Fundhttps://www.schroders.com/\nAbout Iain Staples:Iain’s first proper job, after studying maths and theoretical physics at Cambridge and Manchester, was at LEK Consulting, the corporate strategy consultant. After cutting his teeth on anything from potash mines in Spain to launching a low cost carrier for BA, he moved to Hoare Govett in 1999 in its TMT equity research...","thumbnail_url":"https://img.transistorcdn.com/oB5fNE4aIAia_YyTCKvE1PzrZQaD1Fjo_P7m7T9Aw_Y/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kOTJi/ODBiMzBmOGFhZWJi/MWEzYThkMzAyNmZm/MTdjZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}