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

Fund Manager's Disease: Common Symptoms and Proposed Remedies

May 3 2016 | 6:11pm ET

The cadre of 25 research analysts at Murano Systems speaks with more than 150 investors...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...