Threadneedle Launches US Contrarian Fund

Oct 18 2011 | 8:33am ET

UK-based asset manager Threadneedle has launched its US Contrarian Core Equities Fund, a Luxembourg SICAV vehicle managed by Guy W. Pope, managing director and senior portfolio manager at Columbia Management.

The fund will employ the same strategy as the US$1.6 billion Columbia Management Contrarian Core Fund, which focuses on out-of-favor income and growth stocks. Pope and associate portfolio manager Harvey Liu use a proprietary screening method to find large cap US stocks in the bottom third of their 52-week price range. They then research these stocks, identifying situations where price undervalues the company.

Said Pope in a statement: “This fund is all about pessimism—we are looking for thos companies that have fallen out of favor due to undue pessimism about their future. By taking abottom-up approach to finding these stocks we can identify those unfavred companies withthe best upside potential in order to generate alpha for clients. In the current market, manystocks are trading within the bottom third of their 52-week price range and so I currently have a very large universe in which to invest and we are uncovering some very good opportunities.

“I’m delighted to be bringing my investment strategy, which I have been running for seven years, to Europe, the UK and Asia through the Threadneedle Luxembourg SICAV.”


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.