Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

GAM Multistock - Japan Eq-JPY R

Ranked 37 out of 71 in - Japan over 12 months
All calculations are in EUR unless stated

Managed by

Carlo Capaul

Carlo Capaul is Head of Global Equities & Equity Strategy leading a team of dedicated portfolio managers. Prior to joining GAM Group in July 2004, he worked as an Investment Strategist and Senior Portfolio Manager at Swisscanto Portfolio Management, as a Director at van Vemde Portfolio Management and as a Financial Analyst/Portfolio Manager at UBS Asset Management. Carlo Capaul has extensive experience in empirical equity research and is the author of various articles in financial and business publications. He holds a Mechanical Engineering Diploma of the Swiss Institute of Technology and is a CFA Charterholder.

Stefan Fröhlich

Stefan Fröhlich is a portfolio manager and equity strategist and manages global portfolios, developing both the equity strategy database of GAM Group as well as quantitative evaluation models. Prior to joining GAM Group in July 2002, he was a consultant for the management consulting firm Envico in Zurich. Stefan holds a Master of Science in Engineering and a Master of Advanced Studies in Management, Technology and Economics of the Swiss Federal Institute of Technology Zurich. He is a Certified International Investment Analyst (CIIA/AZEK) and General Securities Registered Representative (Series 7). He is based in Zurich.

Ernst Glanzmann

Ernst Glanzmann is co-fund manager of the Julius Baer Japan Stock Fund. He joined GAM Group in October 1990, where he managed two equity funds with a focus on Japan and as an analyst for Japanese equities. Prior to this, he completed a training programme at the securities and derivatives departments (front and back office) of various reputable banks in Zurich, London and the United States. He completed a three-year banking apprenticeship at Bernerlandbank. He is based in Zurich.

Reiko Mito


The fund invests actively in Japanese equities. The management method is based on a multi-manager principle and combines a focused, strict bottom-up approach and a broad-based systematic value approach. The fund is suitable for long-term oriented equities investors, who are convinced of the Japanese market's potential and wish to benefit from its performance.

Showing fund performance in Ireland View performance globally


Japan over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -2.1% 0.7% 4.4%
2017 11.3% 4.5% -2.4% 1.1% 7.9%
2016 6.4% -10.7% 5.5% 7.2% 5.4%
2015 22.2% 24.4% -0.2% -12.5% 12.6%
2014 10.7% -3.2% 7.6% 6.0% 0.2%
2013 18.5% 12.7% 2.5% 2.8% -0.3%
2012 5.0% 6.4% -2.1% -1.8% 2.7%
2011 -6.8% -9.0% -0.6% 3.5% -0.5%
2010 25.9% 15.4% 1.6% -5.5% 13.7%
2009 13.1% -7.6% 19.2% 4.5% -1.7%
2008 -26.4% -18.2% 2.1% -6.6% -5.7%
2007 -20.9% -3.2% -4.3% -5.6% -9.6%
2006 -8.3% -1.4% -0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Cyprus
  3. Estonia
  4. France
  5. Germany
  6. Iceland
  7. Ireland
  8. Latvia
  9. Liechtenstein
  10. Lithuania
  11. Luxembourg
  12. Netherlands
  13. Singapore
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date16/06/2015
  • Share Class size4,685Mn
  • Base currencyJPY
  • ISIN LU0984219633

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


Related News

A-rated manager reveals four overstated Japanese risks

GAM's Ernst Glanzmann believes there are key areas investors are failing to grasp.

Absolute return aversion drives GAM fund outflows

Painful first half of 2016 sees assets under management drop for Swiss investment firm.

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