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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

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