JOHIM Europe moves to large cap bias under Waverton brand

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JO Hambro Investment Management has migrated its European fund to its prestige Waverton brand, increased its larger companies bias and added a performance fee.

The move follows the appointment of large cap specialist Katrina Norris as lead manager in January. The fund, previously run by Alex Pritchard, and before that Stuart Mitchell, both of whom have left the firm, was relaunched in March, after a three month period in which Norris, a one time Morgan Grenfell Asset Management colleague of both the fund’s former managers, reorganised the portfolio. Norris said the way the fund is managed has not altered significantly since she took over. However, she noted the number of positions has been reduced and said there will be a greater focus on larg...

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