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Wednesday, December 28, 2005

Cullen Rolls Out New Fund

by: Armie Margaret Lee

Cullen Capital Management has introduced a new fund that seeks to tap opportunities outside the United States.

The Cullen International High Dividend Fund, which started offering shares on December 15, will pursue companies in both developed and emerging markets.

"We are finding the dividend yields and valuations on many of the non-U.S. companies to be extremely appealing right now," Rahul Sharma, lead analyst for the fund, said in a statement.

The New York-based firm is also the advisor to the Cullen High Dividend Equity Fund and the subadvisor to the Pioneer Cullen Value Fund. 

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