The GAM Star Emerging Alpha fund is a long/short equity fund, investing in global Emerging Markets, with a low beta versus MSCI Emerging Markets, ranging between 0 and 0.5. The fund primarily invests in equities, equity-linked instruments and bonds, and in addition may make use of derivatives. The investment strategy is focused on identifying opportunities where a change in analyst expectations, valuation, price momentum or financial structure is likely or expected in the near future.
The fund is managed by an experienced manager, and employs a strong investment process combining fundamental company analysis and a systematic framework analysing analysts’ earnings revisions. In addition, the strategy and process employed has proven its ability to protect investor capital in down markets, and in many circumstances provide a positive return.