Thu, Nov 26, 2015
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

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  3. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac

  4. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  5. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega