Three-and-a-half years since launch, Ajay Gambhir's RWC Samsara
directional long/short European equity fund has weathered the
storm of market instability and investor redemptions - emerging
with a solid performance track record and rebounding assets
The fund was built on a strong foundation - drawing on
Gambhir's previous success running a well-regarded and
high-performing similar strategy at JP Morgan Asset Management.
But it made its debut at what, with hindsight, was arguably the
worst possible time - launching in September 2007, just as the
financial crisis was about to get going in earnest.
As a result, Samsara's entire track record to date has been
built up over a period of extreme uncertainty and volatility in
the equity markets - through which Gambhir has managed to steer
a relatively steady course and make solid gains for his
At over $450 million, the fund is running substantially