GAM STAR CONTINENTAL EUROPEAN EQUITY A GBP - Manager
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Find rated europe excluding uk funds
Average monthly relative returns
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Bestinvest MRI
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07/08
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08/09
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09/10
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10/11
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11/12
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3 years
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5 years
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Career
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3 years
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5 years
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Career
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–
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–
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0.02%
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0.72%
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-0.02%
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0.24%
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–
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0.23%
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50.0%
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0.0%
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81.1%
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Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Niall Gallagher
 "Photo of Niall Gallagher")
Gallagher, a Director, joined Merrill Lynch Investment Managers European Equity Team in 1998, where he was responsible for managing European and Irish equity portfolios, and Financials research. He transferred to the Global Team in October 2000, with primary responsibility for Financials investments, as well as portfolio construction responsibilities for Global ex Japan mandates. In September 2003 he returned to the European team as manager of the ML European Dynamic Fund, and with responsibility for European Financials research. Gallagher heads up Merrill Lynch Investment Managers Global Financials Sector Group. He began his career at the Bank of England in 1995 where he worked as an Economist, specialising in Banking sector research. He attended Manchester Metropolitan University from where he has a BSc in Economics and Warwick University where he obtained an MSc in Economics.
Track record
Niall Gallagher has 3.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.23%.
During the worst period of relative performance (from February 2006 - August 2006) there was a decline of 6% relative to the index. The worst absolute loss has been 8%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 81%.
Other funds managed
| Periods of worst performance |
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Absolute
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-8%
(March 2006 - May 2006)
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Relative
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-6%
(February 2006 - August 2006)
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Sector record since
September 2003 (3 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach