Sun, Aug 28, 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. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new