JO Hambro Capital Management Group has launched two new funds that will invest in European equities.
The JOHCM European Select Values Fund is a value fund aiming to achieve long-term capital growth with below average volatility by investing in some 35-45 mid sized companies in the developed countries within Europe. Managed by Willem Vinke a bottom up value orientated investment style will be used. There are between 35-45 stocks in the portfolio.
The second portfolio is the JOHCM European fund. Managed by Rod Marsden the new fund will aim to achieve above average growth combined with low volatility and will invest in a broad universe of 50-70 blue-chip and medium sized stocks.
Although concentration is on large and medium sized companies it may also include a spread of smaller companies.
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets