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GAM Star Absolute Return Bond EUR Inst

Ranked 31 out of 88 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Timothy Haywood

Timothy Haywood is the investment director business-unit head for fixed income for GAM. Haywood joined GAM in 2009, following the merger with Augustus (then Julius Baer Investments Limited). He had previously worked as both CIO and CEO for Augustus, and has also held roles at Orient Overseas (International) and Chemical Global Investors Limited. Haywood attended the University of Edinburgh where he received a BSc in Chemical Engineering, and also holds a MBA from the University of Cranfield.

Daniel Sheard

Daniel Sheard is an Investment Director, responsible for the absolute return bond family of funds and various long only fixed income mandates. Mr Sheard joined GAM following its acquisition of fixed income and foreign exchange specialist, Augustus, in May 2009. He joined Augustus (then Julius Baer Investments Limited) in 2006 as deputy chief investment officer and became chief investment officer in 2008. Mr Sheard previously worked at Prudential M&G, where he was a director of the Institutional Fixed Income group. Prior to that he was a principal within the Advanced Strategies group at Barclays Global Investors, and before that was an associate director within the Fixed Income unit at Schroders. Mr Sheard holds a BSc (Hons) in Financial Services from the University of Manchester Institute of Science and Technology, a Postgraduate Diploma of Law from Nottingham Trent University, and is a charterholder of the Chartered Institute of Bankers. He is based in London.


The Fund's objective is to invest at least 85% of its assets in the Master Fund, the objective of which is to achieve long term positive (absolute) return in both rising and falling financial markets while observing the principle of risk diversification. The Fund will not make any direct investments and all monies received by it will be immediately invested in the Master Fund. However, the Fund may invest up to 15% of net assets in aggregate in ancillary liquid assets including cash deposits, cash equivalents, certificates of deposits and Money Market Instruments which may be held for hedging purposes, to meet expenses or pending reinvestment.

Showing fund performance in Estonia View performance globally


Bond Strategies over : 31/05/2016 - 31/05/2017
  • Rank 31/88 Total Return
  • Rank 38/88 Standard Deviation
  • Rank 43/88 Max Drawdown
Fund Name Currency Return
29 Insight - Absolute Insight Credit B1p EUR EUR


30 LBBW Pro-Fund Credit I EUR


31 GAM Star Absolute Return Bond EUR Inst EUR


32 PIMCO Select Unconstrained Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged



33 Structura - Global Macro Multi Credit - IE (C) EUR


Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 1.6%
2016 2.5% -0.3% 1.2% 1.1% 0.5%
2015 -1.1% 1.0% 1.2% -2.5% -0.7%
2014 -2.4% 1.1% 0.7% -1.4% -2.8%
2013 -0.1% 0.9% -1.3% 0.5% -0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Finland
  2. Germany
  3. Ireland
  4. Luxembourg
  5. Netherlands
  6. Norway
  7. Spain
  8. Sweden
  9. United Kingdom

Fund Info

  • Launch date09/11/2012
  • Share Class size917Mn
  • Base currencyEUR

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment500,000


Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).