Thu, Sep 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Threadneedle’s head of US equities celebrates re-emergence of US markets

Wednesday, May 15, 2013

amb
Cormac Weldon
By Beverly Chandler, Opalesque London:

Cormac Weldon, head of US Equities at Threadneedle Investments, was recently interviewed on Opalesque Radio by Sona Blessing. Weldon manages the Threadneedle American, American Select and American Smaller Companies funds, as well as the Allied Dunbar North American Growth fund.

Weldon believes that you can look at US equities as re-emerging. "The US suffered from prior excesses" Weldon says, highlighting the issues in housing that impacted on the economy. "We are now getting to a place where it is more positive and the negative housing market is now contributing to the economy" he says. He also believes that there is a new energy story in the US which has a significant natural asset in energy.

Favoured sectors for Weldon also include media in the US. "There is good growth in media with more and more people on a global basis getting 300 channels of digital TV, so owners of content have more customers" he says, describing each episode of Friends – shown globally, pretty much all of the time - as a valuable type of annuity. He also highlights the fact that the rise of new platforms like Netflix or iPads mean that we are all watching TV programmes in different ways and driving the demand for content.

Areas that Weldon does not like include the highest yielding sectors such as utilities. "There is always the risk of......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style