The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:After 26 Years, a Focused Shop Debuts Its 2nd Strategy Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 23, 2015

After 26 Years, a Focused Shop Debuts Its 2nd Strategy

Reported by Neil Anderson, Managing Editor

A $6-billion asset manager just launched its second mutual fund, ever. Don't expect a third to follow anytime soon.

On December 30, Polen Capital [profile] released the Polen Global Growth Fund. Stan Moss, CEO of the Boca Raton, Florida-based shop, tells MFWire that Polen might work on launching a separate international (i.e. global minus the U.S.) growth fund in three to five years.

"There's nothing imminent," Moss says.

Indeed, Polen has stayed very focused. The firm is now in its 37th year, and it launched its flagship focused large cap growth strategy (available in separate account form and as a mutual fund, the $400-million, two-star Polen Growth Fund) 26 years ago; the mutual fund dates back a little more than four years. The new global growth equity strategy, like the fund based on it, was launched on December 30, and it is only Polen's second strategy. Both strategies are also available in SMA and UCITS formats, too.

"We're very focused on what we do: investing in very high quality and durable businesses, with high conviction," Moss says.

He adds that launching a global version of its flagship strategy is "a natural extension" of Polen's investment process. And he points to a projected slight tailwind of positive net flows into global equities over the next five years.

In terms of distribution, about half of Polen's $6 billion in assets under management comes from institutions. The other half is in the high net worth channel, through RIAs and wirehouses.

"We're a diamond in the rough," Moss says. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use