New Products
What's New In Investments, Funds? - J Stern & Co
The latest in funds and investments in Europe, Middle East and Africa.
J Stern & Co
J Stern &
Co, the London and Zurich-based private investment office,
has launched its World Stars Global Equity strategy in a
Luxembourg UCITS fund.
The fund has been made available in a Luxembourg UCITS IV format,
using the Alpha UCITS SICAV, on the Luxembourg UCITS
platform.
The equity strategy does not track a benchmark, but invests in a
concentrated selection of 20-30 shares in global firms. The chief
investment officer, Christopher Rossbach, and his team select
companies based on their own fundamental research.
Since inception, the strategy has generated 10.1 per cent a year.
Over the last three years it has generated 13.3 per cent per year
(performance figures as at 31 March 2019).
The fund, which is is available to institutional, retail and
charity investors, was launched on 8 April 2019. The Stern family
has seeded it with more than $30 million. Current assets are $45
million, and there are sterling, Swiss franc, euro and dollar
share classes.
