Threadneedle Investments, a UK based wealth manager, has launched a US Contrarian Core Equities Fund for investors in Germany and Australia.
The Threadneedle (Lux) U.S. Contrarian Core Equities Fund is managed by Guy W Pope. He is a senior portfolio manager at Columbia Management, a sister company of Threadneedle under the umbrella of Ameriprise Financial, which manages assets of US$335 billion.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In the United States, most recently the economy had brightened considerably. The Threadneedle (Lux) U.S. Contrarian Core Equities Fund is managed using the same approach as the Columbia Management Contrarian Core Fund, which has a capacity of three billion dollars.
The management feels on high dividend growth stocks that have fallen out of favor with investors. It invests in large U.S. companies or companies that make the majority of their business in the USA.
Pope first identifies stocks that are in the lower third of the price range of the past 52 weeks. Subsequently, these shares are subject to a fundamental examination, where Pope can draw on the resources of the equity research team at Columbia Management.
At the end, the selection of undervalued growth stocks. For them, the portfolio is constructed with the aim of above-average returns with a balance of risk and reward.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataSince its inception in Luxembourg in October 2011, the Threadneedle (Lux) U.S. Contrarian Core Equities Fund has a net gain of 42.1% achieved (as of July 31, 2013). He has it – considered in dollars – the comparison group (GIFS Offshore – U.S. Large Cap Blend) exceeded.
Guy W Pope said: " We use a bottom-up approach and unpopular identify companies with the highest upside potential to generate for our customers a better return than the market, called an alpha. The universe of stocks that are in the lower third of the 52-week price range, offers numerous buying opportunities."
Kolitsch Werner, managing director in Germany and Austria, said: "The new fund with the strategy of Columbia Management complement to our existing portfolio of U.S. equity funds."
