The Ucits-compliant GAM Star Emerging Equity Fund is a daily dealing, long-only fund that will be actively managed by Tim Love and Joaquim Nogueira. It was launched on 19 March.
The two co-managers will invest across a diversified portfolio of between 100 and 150 stocks, chosen through a fundamental, valuation-driven approach.
The fund itself will be authorised for sale in Ireland and Luxembourg as well as the UK, with further jurisdictions to be added in the next few weeks.
GAM currently runs the $81.3m GAM Star North of South EM Equity Fund, that also combines top down macroeconomic themes with bottom-up stock analysis. The manager of the Irish-listed fund is Matt Linsey at North of South Capital.
The difference between the two is that Love and Noqueria’s approach is more diversified, using a bottom-up screening alongside a quant-driven approach; Linsey emphasises his top-down, more thematic approach.
Fund facts:
- GAM Star Emerging Equity
- Irish-domiciled Ucits
- Base currency in dollars
- AMC of 0.9% (institutional) or 1.5% (ordinary share class)
- The ten currencies are: US dollar, sterling, euro, Swiss franc, yen, Swedish krona, Singapore dollar, Norwegian krone, Danish krone, renminbi
