Vam Funds has launched the Focused Global Equity Fund, a “best ideas strategy” incorporating portfolio hedging to reduce volatility and downside risk.
The fund is a Luxembourg-based Ucits IV compliant fund that combines a concentrated and conviction-based focus on stock selection with a high active share that acts as the dominant driver of the fund’s performance with an active risk management strategy that supports the focused portfolio construction with the objective of reducing volatility and downside risk.
Driehaus Capital Management LLC, the US based growth and momentum focused equities’ boutique and long-standing partner of Vam Funds, is the investment manager of the Vam Focused Global Equity Fund.
The fund’s lead manager is Josh Rubin who has 15 years of industry experience and will be assisted by an analyst team with an average of 13 years of industry experience.
Nigel Watson, Vam Sales Director, said: “We’ve seen strong demand from advisers for a global equity fund that combines the objective of long-term capital appreciation with the aim of reduced volatility and downside risk, relative to the MSCI All Country World Index.
“The Vam Focused Global Equity Fund’s concentrated ‘best ideas’ stock selection approach focuses on company-specific earnings growth within global equity markets through a well-resourced and risk-managed investment process. The fund will have a long-bias with net exposure generally being 60-90% ex-cash.”