Brown UK launch combines large and small-cap strategies

Brown Advisory has launched its third fund for the UK market, combining large-cap growth and value a...

Brown Advisory has launched its third fund for the UK market, combining large-cap growth and value and small-cap US strategies in a single portfolio. The American fund will have a fixed allocation, with 40% each in the large-cap value and growth portfolios and the remaining 20% in a smaller companies mandate. Richard Bernstein, who runs the group's US Equity Value fund, is responsible for 40% of the portfolio, as is US Equity Growth manager Kenneth Stuzin. Timothy Hathaway and Christopher Berrier, who head up the group's recently launched US Smaller Companies vehicle, will manage the ...