Tue, Sep 2, 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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius