Much attention has been paid to China’s dominant growth story, with neighbouring ASEAN markets often being overlooked. Investment manager GAM has launched the GAM Star Emerging Asia Equity fund to tap these markets that provide affordable opportunities for growth.
The fund, managed by Michael Lai, Investment Director with Camille Vergara, Investment Manager, invests in quoted securities in ASEAN markets, primarily Indonesia, Malaysia, the Philippines, Singapore and Thailand, with opportunistic allocations to companies in other ASEAN markets, as well as other emerging Asian countries outside China where compelling risk-adjusted returns are identified. The fund seeks to outperform the MSCI AC South East Asia index over the long-term and is authorised for sale in Austria, Finland, Germany, Hong Kong, Ireland, Luxembourg, Macau, Netherlands, Norway, Spain, Singapore, Sweden, Switzerland and the UK.
The investment approach of the team considers global perspectives but is predominately driven by regional themes and rigorous bottom up company analysis. This results in a high conviction portfolio of 35-45 stocks focused on mid-cap, under researched, overlooked and mispriced companies.
Why GAM Star Emerging Asia Equity?