At the same time, the firm’s $2.6bn flagship, the Low Volatilty fund, sailed quite smoothly through the summer and is up 17.31% for the year, while Gems’ ‘best ideas’ Perennial fund is up around 120%. Gems now has assets of nearly $5bn under management.
Chief executive officer, Miguel Abadi (below, left) and the Gems research team headed by David Goldfarb (below, right) are constantly mindful of a certain asymmetry. Abadi explains it plainly: “Investors, whether high net worth or institutions, so
The week on Risk.net, July 14–20, 2017Receive this by email