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E.I. Sturdza praise Guernsey's fund expertise in 10-year celebrations

07 December 2015

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 one in 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 Gutmans.

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 being platinum-rated, putting it in the top 2% of all managers in this category.

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