MFS Investment Management has launched an unconstrained global equity fund with a value bias, to be headed up by portfolio manager Anne-Christine Farstad.
The MFS Meridian Contrarian Value fund is "unafraid to engage in controversial areas of the market", the firm said, such as businesses "experiencing operational difficulties" or undergoing "challenging transitions". Quaero Capital launches ESG US value equities fund It aims to outperform the MSCI World Value index over full market cycle and will do so through a relatively concentrated portfolio of less than 50 stocks. These stocks are selected using a bottom-up "research-intensive approach", spanning "deep-value ideas, restructurings or quality compounders with a problem". As such, th...
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