Isosceles America, run by ex-Merrill Lynch and Fidelity manager Gary Lowe, launches on 3 March. A...
Isosceles America, run by ex-Merrill Lynch and Fidelity manager Gary Lowe, launches on 3 March. As exclusively revealed by Investment Week last November, the fund, the boutique's first offering, will be a large and mid-cap mandate domiciled in Dublin. Lowe, a US fund manager at Fidelity and Merrill Lynch, will be assisted by ex- DLJ fund manager and fellow founding partner, Dale Gibson. The fund will typically run with 50-60 stocks and be benchmarked against the S&P 500, targeting a tracking error of between 3% and 6%. Investment in companies with a sub-$2.5bn market cap will be lim...
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