BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced the launch of the Columbia Overseas Core Fund (COSAX), an international equity fund that seeks long-term capital appreciation through active investments in value and growth equity securities of non-U.S. issuers, including those in emerging markets.
The fund is designed to meet the needs of investors who want to grow assets to achieve their financial goals. The fund’s portfolio managers, Fred Copper and Daisuke Nomoto, will invest in companies that they believe are attractively priced and have better growth, returns and profitability versus the fund’s benchmark, the MSCI EAFE Index.1 Generating ideas with Columbia Threadneedle’s global research team, the portfolio managers believe that stocks with a combination of these attributes tend to outperform through market cycles.
“Daisuke and I have worked closely together for 13 years, managing an overseas core strategy for institutional clients. We hope that by launching this new fund, we can offer a compelling international equity strategy to a broader set of investors demanding more options for EAFE-benchmarked funds,” said Fred Copper, senior portfolio manager and head of the International Equity Team at Columbia Threadneedle Investments.
Messrs. Copper and Nomoto also manage the Columbia Overseas Value Fund, which has an overall rating of five stars by Morningstar, as of December 31, 2017.
Columbia Overseas Core Fund invests at least 80% of its net assets in equity securities of foreign companies. The fund may invest up to 20% of its net assets in emerging market countries.
Columbia Overseas Core Fund offers share classes A, C, R, Institutional, Institutional 2, Institutional 3 and Advisor.
About the portfolio managers:
Fred Copper, CFA is a senior portfolio manager and head of the International Equity Team for Columbia Threadneedle Investments. Mr. Copper joined one of the Columbia Threadneedle Investments legacy firms in 2005. Previously, Mr. Copper was a senior vice president with Putnam Investments where he co-managed $1.5 billion in international and global value portfolios, as well as serving as a lead manager for a small-cap value portfolio and as a member of the global value portfolio management team. Prior to that, he was an assistant vice president with Wellington Management Company. He has been a member of the investment community since 1990. Mr. Copper received a B.S. from Boston College and an MBA from the University of Chicago. In addition, he holds the Chartered Financial Analyst® designation.
Daisuke Nomoto, CMA (SAAJ) is head of Japanese equities at Columbia Threadneedle Investments. Prior to his current role, he was a director and senior portfolio manager on the International Equity Team. Mr. Nomoto joined one of the Columbia Threadneedle Investments legacy firms in 2005. Previously, Mr. Nomoto worked as an equity analyst at Putnam Investments. Prior to that, he held a variety of positions for Nippon Life Insurance, including four years as a senior portfolio manager and equity analyst at Nissay Asset Management, Tokyo, and five years as an equity analyst with NLI International in New York. He has been a member of the investment community since 1993. Mr. Nomoto received a B.A. from Shiga University, Japan. He is a chartered member of the Security Analysts Association of Japan.
About Columbia Threadneedle Investments:
Columbia Threadneedle Investments is a leading global asset manager that provides a broad range of investment strategies and solutions for individual, institutional and corporate clients around the world. With more than 2,000 people, including over 450 investment professionals based in North America, Europe and Asia, we manage $495 billion2 of assets across developed and emerging market equities, fixed income, asset allocation solutions and alternatives.
