J. Stern & Co. is the New York business office of its London-based sister company, J. Stern & Co. LLP. They offer discretionary investment management services through single managed accounts or a limited partnership investment fund. Their strategies include global, US, and European equity strategies, a multi-asset income strategy, and an emerging market corporate debt strategy. Investment decisions are based on investment objectives, strategies, policies, and restrictions outlined in client agreements or offering documents.
Fee Structure
J. Stern & Co. manages investments for clients, charging an annual fee based on the value of the assets. These fees typically range from 0.65% (for charities) to 1.00%. Fees are negotiable, and other fee structures, including performance-based fees, are available. The minimum account size for managed accounts is $5 million for the World Stars, US Stars, and Euro Stars strategies, and $8 million for the Multi-Asset Income and Emerging Market Corporate Debt strategies. Fees are normally charged quarterly. For the LP Fund, management fees range from 0.65% to 0.90% for investments less than $5 million and 0.75% for investments over $5 million. The minimum account size in the LP Fund is $200k.