The Swiss based Sturdza Private Banking Group's asset
management arm, E.I. Sturdza Strategic Management Limited is
celebrating its 10th anniversary in Guernsey.
At almost the same time the company's Strategic Europe Value
Fund has recently reached its 5th anniversary and the Morningstar
five-star rated fund is ranked number onein its peer group for
performance over three and five years.
The company launched its first Guernsey B Scheme, the Nippon
Growth Fund, in August 2001 and established a presence in Guernsey
in 2005 with Managing Director Georges Gutmans leading the company.
Headcount has grown significantly over the years and the company
now employs 21 staff in Guernsey.
"We chose Guernsey as the location for the investment funds
business because of the jurisdiction's unique combination of
funds expertise, locally available talent, reputation, fund
structures and the regulatory and legal environment," said Mr
The E.I. Sturdza's business model is to work with specialist
dedicated investment advisers who are leaders in their field. The
partnership means the Guernsey office is responsible for looking
after the fund infrastructure, administration, risk control,
compliance and marketing of all the Group's funds, while the
investment adviser owns their own company, providing an ideal
environment for delivering returns to investors.It allows the
investment adviser to fully focus on the areas which deliver the
greatest benefits to the fund; research, asset allocation and
portfolio construction, without the distraction of bureaucracy
associated with larger firms or continuous meetings
Eric Sturdza, President of the Sturdza Private Banking Group,
said: "We specialise in uncovering high-value added,
alpha-focused, high conviction investment strategies. This,
alongside our innovative management model, which enables our
portfolio managers to perform at their best, has helped to drive
our success over the last 10 years.
"The Guernsey finance industry continues to thrive and
develop its reputation internationally as a finance centre. We look
forward to the next 10 years of growth in the Island."
Notable achievements for E.I. Sturdza include a number of its
funds being four or five-star rated by Morningstar including the
Strategic US Momentum & Value Fund, Strategic Europe Value Fund
and Strategic China Panda Fund. The firm's impressive
performance in the European equity field has also been recognised
by Citywire with the company beingplatinum-rated, putting it in the
top 2% of all managers in this category.
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