Tuesday, 21 April 2015
Last updated 9 min ago
Mar 4 2011 | 9:23am ET
Threadneedle Asset Management has launched a new European small-cap fund.
The UCITS III-compliant vehicle replaces Threadneedle's European Smaller Companies Crescendo Fund, which has now closed. The new European Smaller Companies Absolute Alpha Fund is managed by Philip Dicken, who heads the firm's Pan European Smaller Companies Fund and who also ran the now-shuttered Crescendo fund.
"With the dislocations of the past few years still fresh in investors' minds, the opportunity to add value through fundamental and valuation analysis with high-conviction long and short positions is considerable," he said.
The new fund was born of client demand, Threadneedle said.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…