SmartGARP bounces back to power Artemis Global Growth

SmartGARP bounces back

Peter Saacke has run the Artemis Global Growth fund since 2003 using the firm's in-house quantitative screening tool, SmartGARP.

The Growth At a Reasonable Price process, aiming to identify stocks which investors dislike but where price momentum and sentiment are improving, has helped Saacke post top-decile returns versus IMA Global sector peers in recent years. The £230m fund has returned 71.7% in the three years to 12 September, according to Morningstar, compared with an average return of 49.5%, while over one year it has returned 15.4% compared with an average of 9.3%. The fund suffered a high-profile struggle during the financial crisis, but Saacke says he is "very proud" of having outperformed for eight of...