MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, January 5, 2011 A Small Cap Fund Gets a Big Nod from WSJ The $105 million SouthernSun Small Cap Fund from SouthernSun Asset Management [see profile], has taken the title of top-performing fund in the Wall Street Journal's Winners' Circle contest for 2010. The fund, which posted a 48.35 percent return for 2010, was reportedly buoyed by a buyout of Jo-Ann Stores Inc. driving up the craft and fabric specialty retailer's stock value 32 percent just days before Christmas. The fund's PM, Michael Cook, told the pub that he tries to "understand what businesses can do over a long period of time, and that can generate real discretionary cash flow." Currently, he's betting on companies like Nordson Corp., a maker of specialty spray valves and applicators currently used on a production line in China to apply adhesive on Pampers. Printed from: MFWire.com/story.asp?s=35562 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |