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.