Threadneedle Closes Small-Cap Crescendo Fund, Launches New Euro. Small Cap Fund

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.


In Depth

Q&A: SkyBridge’s Anthony Scaramucci Readies For Wall Street Week Debut

Apr 16 2015 | 12:56pm ET

Anthony Scaramucci, founder and managing director of asset management firm SkyBridge...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note