David Lundgren is setting his sights on larger companies. The PM of Hancock Horizon Burkenroad Small Cap Fund told The Times-Picayune that, starting May 31, he will start to invest the fund in companies worth at least $3 billion.

Lundgren said the recent move by the 10-year-old mutual fund ran by the Hancock Holding Inc. is "going to open up our universe that we can buy from while still keeping the flavor of a small cap fund."

This fund gets its name from Tulane's Burkenroad Reports program. The company uses student-created investment reports when considering which companies the fund should invest in.  

Edited by: HFD


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