Cullen launches into European UCITS market

10 Sep 2010
Cullen Capital Management, the US based value and income specialist established in 1983, is entering the UK and European markets by making two of its flagship value equity strategies available to investors as Dublin-domiciled UCITS.

The Cullen North American High Dividend Value Equity Fund and Cullen Global High Dividend Value Equity Fund are based upon products with proven track records in the US, consistently outperforming the S&P 500 and MSCI World indices respectively, with lower volatility.

These funds, like all of Cullen’s strategies, incorporate a value-based investment philosophy, generating strong returns and income to investors over the long term with impressive defensive qualities during bear market periods. The funds are due to launch on 1st October 2010 and will be available in euro, sterling and dollar denominations to institutional, high net worth and retail investors.

Jim Cullen, president, portfolio manager and founder of Cullen Capital Management, commented: “The search for income continues across the globe, and we believe our proven high dividend, value-based strategy offers a compelling opportunity for UK and European investors. We are not simply income chasers. Our research has shown us that a strict value process, combined with the additional discipline brought as a result of the need for income, provides consistent outperformance over decades. Our message to investors is clear – stay disciplined and invest for the long-term. Don’t just react to today’s headline news.

“This is a major step in the evolution of Cullen Capital Management. Our performance and track record show that this is not just a fashion trend for us but a strategic move for our long-term business plans.”