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

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

Rating:New Player Enters the Fund Business Not Rated 3.7 Email Routing List Email & Route  Print Print
Tuesday, August 14, 2007

New Player Enters the Fund Business

Reported by Erin Kello

There's a new player in the mutual fund business. North Hampton, New Hampshire-based Seascape Capital Management has rolled out is first mutual fund.

The no-load Seascape Focus Growth Fund was made available available to retail investors starting August 1. The fund is marketed mainly to fee-based advisors by Hingham, Massachusetts-based Endeavour Investment Partners LLC.
Jim McCarthy
Seascape Capital Management
Founder and Lead Portfolio Manager
The fund is run by James W. McCarthy, lead portfolio manager and founder of Seascape, and Monica A. Ness, co-portfolio manager, each bringing 20 years of investment experience to the fund.

"We wanted to make the strategies that have been so successful for us in SMAs, available to fund investors," McCarthy told The MFWire.

The fund utilizes a “bottom-up” approach, focusing primarily on individual securities, without regard to sector weighting or economic outlook.

Monica Ness
Seascape Capital Management
Co-portfolio manager
"We wanted to make the all-cap growth model that has done so well in our SMAs available in a mutual fund for investors who may not have the minimum amount to open an SMA," Ness said.

According to McCarthy and Ness, there are no immediate plans at the moment to launch another mutual fund.  

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

3.7
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
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:
Raw XML
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