Premier fund takes advantage of rising stars

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Premier RENN US Emerging Growth fund manager Scott Douglass can understand why investors find his vehicle's name a little confusing.

Despite being run out of Dallas, the fund mainly invests in US-listed companies which operate outside of North America. Douglass, one of four mangers on the fund, says approximately 70% of the portfolio will be invested in private companies which intend to go public within roughly two years. “This is not a play on the dollar or the US economy, about 40% is invested in China,” he says. “The fund is totally bottom up. It is all about finding the right opportunity at the right time. We were interested in getting a solar company, and we have been looking for one for about three years, and i...

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