Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

GAM Star Emerging Market Rates GBP Acc

Ranked 12 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP

Managed by

Caroline Gorman

Caroline Gorman joined GAM in 2006 where she works as an investment manager. Prior to this, she was an economist at 4Cast, having started her career at the Department of the Treasury in Canberra, Australia. Along with her co-managers, Gorman attempts to identify crisis cycles in emerging markets in order to get the best value from stock selection. The team believes this value-based approach means that the funds can take advantage of most market environments. Gorman holds an MSc in Investment Management from Cass Business School in London.

Paul McNamara

Paul McNamara is an Investment Director, and is the lead manager on emerging market bond and currency long only and hedge fund strategies. McNamara joined GAM following its acquisition of the fixed income and foreign exchange specialist, Augustus, in May 2009, where he started managing most of the funds he runs to date. McNamara joined Augustus (then Julius Baer Investments Limited) in 1997 from the Export Credits Guarantee department of the UK Government Economic Service, where he was an economist. He began his career as a lecturer. McNamara holds an MSc in Economics from the London School of Economics. He is based in London.

Denise Prime

Denise Prime has worked as an investment manager for GAM since 2006. She co-manages the GAM Star Emerging Market Rates fund with Paul McNamara and Caroline Gorman which follows a fundamental, top-down investment style. Prior to joining GAM, Denise worked at JP Morgan as an associate, then moved to Henderson Global Investors as a portfolio manager. Denise is a CFA Charterholder, and holds a degree in Economics from Bryn Mawr College in Pennsylvania.

Objective

The fund seeks to achieve absolute return regardless of market conditions through investment in a portfolio of local and hard currency bonds and other Fixed Income Securities from emerging markets worldwide.

Performance

Bond Strategies over : 30/04/2014 - 30/04/2015
  • Rank 12/35 Total Return
  • Rank 25/35 Standard Deviation
  • Rank 13/35 Max Drawdown
Fund Name Return
10 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

1.4%

11 Henderson Credit Alpha I Gross Acc

1.3%

12 GAM Star Emerging Market Rates GBP Acc

1.2%

13 ECM Absolute Return Credit B Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

1.1%

14 MLIS Beach Point Div Credit UCITS GBP B Acc

Currency exposure is hedged

Currency exposure is hedged

0.7%

Fund Name Risk
23 Julius Baer BF Absolute Return-GBP A

Currency exposure is hedged

Currency exposure is hedged

0.9

24 BSF European Credit Strategies H2RF GBP

0.9

25 GAM Star Emerging Market Rates GBP Acc

1.1

26 Legg Mason WA Macro Opportunities Bd A GBP Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

1.1

27 Threadneedle Absolute Return Bond Ret Gross Acc

1.1

Fund Name Loss
11 SLI Glo SICAV Abs Rtn Glo Bd Strategies A GBP

-1.3%

12 AllianceBernstein-Unconstrained Bond Pf I2 GBP H

Currency exposure is hedged

Currency exposure is hedged

-1.4%

13 GAM Star Emerging Market Rates GBP Acc

-1.5%

14 Legg Mason WA Macro Opportunities Bd A GBP Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

-1.5%

15 Threadneedle Absolute Return Bond Ret Gross Acc

-1.6%

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 0.4%
2014 2.2% 2.2% 1.1% -1.0% 0.0%
2013 -1.0% -0.7% -1.4% 1.0% 0.1%
2012 5.5% 2.0% -1.0% 1.5% 2.9%
2011 -1.2% -1.9% 0.1% -0.5% 1.1%
2010 3.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Italy
  5. Luxembourg
  6. Netherlands
  7. Singapore
  8. Spain
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date06/08/2010
  • Base currencyGBP
  • ISIN IE00B5SRZ026

Purchase Info

  • Min. initial investment6,000
  • Min. additional investment3,000

Charges

  • Annual management1.6%
  • Initial investment5

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).