GAM Star US All Cap Equity - Bronze

FUND RESEARCH UPDATE: Fund moved to Bronze from Under Review 

Jeremy Beckwith 20 April, 2015 | 8:58AM
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Following a recent Morningstar Analyst Ratings Meeting, Morningstar has moved the GAM Star US All Cap Equity fund to a Morningstar Analyst Rating™ of Bronze. The fund was previously Under Review following the announcement of team restructuring at the sub-advisor, Manning & Napier. The reorganization included the departure of two senior members and a reduction of its senior research group from 14 members to five. The role of the senior research group also changed as it no longer manages the firm’s portfolios, including this one, but oversees the investment process. This fund’s new management team comprises four senior managers, three of whom were a part of the old senior research team. Despite some uncertainty surrounding the new set-up, we believe this more specialized and smaller group should bring increased focus and accountability going forward.  

See the latest Morningstar fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
GAM Star US All Cap Equity USD Acc24.03 USD-2.47Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK