Sat, Apr 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

GAM's actively managed Star Worldwide Equity Fund reaches 30th birthday and 2,705% return since inception

Wednesday, June 05, 2013
Opalesque Industry Update - The Global Asset Management GAM Star Worldwide Equity fund is celebrating 30 years of investing and is the UK’s most successful global equity fund since launch in May 1983. $1,000 invested at launch would now be worth approximately $28,050 - this is an increase of approximately 2,705% compared to a rise of 1,550% in the value of the MSCI World Index over the same period.

This puts GAM Star Worldwide Equity’s performance in the top percentile in the IMA Global sector since inception. This milestone coincides with GAM’s own thirtieth anniversary. The Worldwide Equity fund is therefore the longest running in GAM’s product range.

The fund has been managed since inception by Taube Hodson Stonex (THS Partners). THS Partners, an independent fund management partnership, invests globally in companies that demonstrate solid growth prospects and good value with a fundamental and thematic approach to stock picking.

Matt Lamb, Head of Institutional and Fund Distribution (UK), commented: “GAM has always strived to give clients access to differentiated active investment strategies. The successful and long-standing relationship with THS Partners has generated attractive results across a number of market cycles. To be able to look back at such an outstanding track record of value creation for our clients is extremely gratifying.”

Cato Stonex, Founder and Fund Manager at THS Partners, added: “We’d like to congratulate GAM on its thirtieth anniversary. Over that time, GAM has grown to achieve a market leading position as an active investment manager and we are proud to have partnered with them in running the Worldwide Equity fund.

“The fund itself is an excellent example of how adopting a long-term approach and compounding capital growth can achieve strong long-term returns for investors across market cycles. We manage the fund through a proven strategy of identifying top-down themes such as recovery in US housing and growth in infrastructure and combining these with bottom-up research and active engagement to support our long-term investment strategy. We look forward to continuing our relationship with the fund and with GAM as a protector and generator of wealth for years to come.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n