Brown Advisory to launch US value UCITS fund

Will launch on Monday 30 November

Brown Advisory will launch a UCITS version of its three-year-old Brown Advisory – Beutel Goodman Large Cap Value fund, which is currently only available to US investors, at the end of this month.

The Dublin-domiciled BA Beutel Goodman US Value fund, which will be sub-advised by Toronto-based investment manager Beutel, Goodman & Company, will be seeded with up to $25m of client assets managed out of Brown Advisory's London office. Like the $500m US-based strategy, the fund will have a concentrated, low-turnover portfolio of between 25 and 35 stocks, which will be chosen for their strong fundamentals and the fact they are trading at discounts relative to their intrinsic value. Invesco rebrands US equity fund to capture thematic appetite Beutel Goodman's Rui Cardoso, who is co...