Berenberg’s Kraus: ‘I want to buy good businesses and close my eyes for the next 10 years’

Peter Kraus, manager of Berenberg’s European Small Cap and European Micro Cap funds says he is strongly averse to selling companies in his portfolio. ‘I’m not known for having a high turnover portfolio. I really hate selling. My personal ambition is to never sell - buy a good business and close your eyes for the next 10 years,’ Kraus said. The Citywire AAA-rated manager explains in this podcast how he approaches research in a market that lacks coverage from analysts.