GAM Star Global Quality is an FSA-recognised, US-denominated fund, domiciled in Ireland. The long-only portfolio has a bias towards large caps and concentrates on developed markets such as the US, Europe, UK and some Pacific Basin regions.
GAM already has a global, long-only portfolio in its range, Global Diversified, which launched in 1984 and is managed by Andrew Green. However, while that £486m portfolio also features a bias to developed markets, it seeks companies with an excessive, negative sentiment and a catalyst for change. The $188m Star Global Quality fund uses a team-based approach, relying on quantitative and fundamental analysis to determine quality companies, those the managers see as featuring stable financial characteristics.
Investment decisions at Manning & Napier Advisors are driven by the group’s ten-person senior research group. The firm’s investment team, which currently consists of more than 50 analysts and economists, already runs GAM Star US All-Cap Equity and Star Global Equity Inflation Focus.
Minimum investment in Global Quality is $10,000 and it features an annual fee of 1.45%. The launch follows on from other additions made earlier this year to the retail Ucits III range including the GAM Star Global Convertible Bond fund, Global Composite Global Equity and Composite Equity & Trading.
