Sun, Dec 21, 2014
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. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und