Markets Magazine
SouthernSun Returning 41% as No. 1 Small Cap Bets on Agriculture
This article is for subscribers only.
Michael Cook, founder of the SouthernSun Small Cap Fund, was born and raised in Memphis, Tennessee, and he likes it there just fine.
When he decided to go into finance, Cook, now 55, joined as a broker at the local Merrill Lynch & Co. office. He moved into money management in the trust department of Memphis’s own, now-defunct Union Planters Bank. After getting a pink slip in 1989 when the bank sold its asset management unit, he could have sought work among the big fund firms in New York and Boston. Instead, he stayed in Memphis and started SouthernSun Asset Management LLC.