Threadneedle has launched an absolute return European smaller companies fund today (3 March 2011).
The Threadneedle (Lux) European Smaller Companies Absolute Alpha Fund complements the company’s absolute return fund range.
Philip Dicken from Threadneedle
The UCITS III fund will give manager Philip Dicken, who also runs a long-only version, and his team flexibility in strategy and fund positioning.
He says: “This is an exciting time to leverage our expertise in delivering absolute returns for our clients. With the dislocations of the past few years still fresh in investors’ minds, the opportunity to add value through fundamental and valuation