The fund is a sub-fund of Skandia Global Funds, an investment company regulated by the Central Bank of Ireland.

GEAM, a wholly owned subsidiary of US-based General Electric, has over $122bn in assets under management and aims to generate alpha through a high-conviction and diversified portfolio of stocks, chosen by a bottom-up research strategy.

SIG chief investment officer James Millard said that GEAM’s focus on high quality companies, with proprietary products in growth markets has delivered outstanding results over many years.

"We are fortunate to have found a partner who has the capacity to run a highly concentrated portfolio, in a risk controlled manner," Millard said.