e-fundresearch.com: Mr. Enrico Camera, you are the fund manager of the GAM Star (Lux) – Emerging Alpha fund. ISIN: LU0435115307. When did you take over the responsibility of managing this fund?
Enrico Camera: I started managing this fund since inception in July 2009. I launched and managed the off-shore version of the strategy in February 2007.
e-fundresearch.com: What is the current size of the fund?
Enrico Camera: The fund has €240m of assets under management
e-fundresearch.com: Do you also manage other funds or mandates? What is the total amount of assets you manage currently?
Enrico Camera: Yes we manage the off-shore version and other managed accounts for a total of €480m of Assets Under management.
e-fundresearch.com: How long have you been in the business as a fund manager?
Enrico Camera: I started managing a long only fund on Emerging Markets equities in June 2000. Since then I have been doing this job.
e-fundresearch.com: What are the main steps in your investment process and in which area is your competitive edge to add value to investors?
Enrico Camera: We employ a well-defined investment philosophy focusing on companies’ fundamentals and in particular earnings expectations. We believe that by correctly anticipating earnings revisions (i.e. changing expectations on future profits) it is possible to capture returns as prices move in reaction to the news. As the ‘herd mentality’ of market participants makes consensus views change slowly, we stay ahead of the crowd using bottom-up, fundamental analysis to form independent one- to two-year views on companies and industries.