Autumn will see launch of JO Hambro hedge fund

JO Hambro Capital Management plans to launch a European mid-cap, long-short hedge fund this autumn subject to regulatory approval, writes John Butcher. Details of the fund, which will be Cayman Island domiciled and Dublin listed, have yet to be decided, but company chairman Jamie Hambro was able to give provisional figures. According to Hambro, the fund will almost certainly charge an annual management fee of 1% with a 20% performance fee. It will be available in both euros and dollars with a minimum initial investment of E250,000 or $250,000 and subsequent minimum investments of...