Brown Advisory launches combined US fund

The Dublin-based UCITS III Brown Advisory American fund will look for opportunities in American companies regardless of size or style. US Equity Value fund manager Richard Bernstein and US Equity Growth fund manager Kenneth Stuzin will each be responsible for 40% of the vehicle, with US Smaller Companies fund co-managers Timothy Hathaway and Christopher Berrier looking after the remaining 20%. The fund employs a fixed allocation, to be rebalanced quarterly. “With most European investors having only a small percentage of their portfolios invested in the US, many do not want, or are eve...