Products January 6, 2014

Nuance Launches New Mutual Fund

Nuance Investments, a classic value investment firm, has launched the Nuance Mid Cap Value Fund.
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This is the second mutual fund offered by Nuance, which launched the Nuance Concentrated Value Fund in May 2011.

The Nuance Mid Cap Value Fund mirrors the strategy and approach of the firm’s Nuance Mid Cap Value Separate Accounts and seeks long-term capital appreciation, primarily through investments in equity securities that the investment team believes are high-quality though temporarily out of favor.

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Nuance selects securities for the fund’s investment portfolio by using an extensive quantitative screening and fundamental research process that identifies leading businesses selling at a discount to fair value with the potential to generate above average returns over time.

“A key to our firm’s track record to this point has always been our attention to detail and commitment to understanding as much as possible about each company we consider for inclusion in our portfolios,” says Scott A. Moore, president and chief investment officer of Nuance, based in Kansas City, Missouri. “With this new fund, we will continue to apply our in-depth process with a focus on seeking to provide superior risk-adjusted returns for our investors.”

The fund was launched in collaboration with Montage Investments, Nuance’s parent company, which offers alternative investment solutions across the spectrum of asset classes and strategies that include mutual funds, closed-end funds and separate accounts.

More information is available on the Nuance website or by calling 855-682-6233.

Deals & People January 6, 2014

Oppenheimer Expands Multi-Asset Team

Michelle Borre and her team of investment analysts have moved within OppenheimerFunds to join the investment firm’s global multi-asset group (GMAG).
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The GMAG works closely with portfolio managers and research analysts across OppenheimerFunds’ equity, alternatives and fixed-income teams to develop and manage portfolio solutions for clients.

Under the new arrangement, Borre and her team of three analysts will work to enhance the GMAG’s research and portfolio management capabilities, providing an independent and fundamentally driven investment approach for Oppenheimer clients, explains Mark Hamilton, CIO for asset allocation.

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“In turn, her team will benefit from access to greater resources and personnel as a part of GMAG,” Hamilton says. “Together, the combination will foster continued investment success on behalf of our clients across all of the firm’s multi-asset products and solutions.”

Borre joined OppenheimerFunds in 2003 as a senior research analyst on the value investment team, later taking on the role of portfolio manager for the Oppenheimer Capital Income Fund and the Oppenheimer Flexible Strategies Fund. The fundamental processes of both funds will remain the same, according to a statement from the firm.

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