SWITZERLAND/UK - J O Hambro Capital Management is targeting institutional investors in the UK and Switzerland with the launch of two new investment funds - a European mid-cap fund and a European blue-chip mid-cap fund.
The JOHCM European Select Values Fund will invest in a concentrated portfolio of 35-45 mid-caps valued between e500m and e10bn, although companies outside this range will be included. The fund will be managed by Willem Vinke who joined Hambro from Morgan Stanley ‘s London office last year.
The JOHCM European Fund, managed by Rod Marsden, will invest in 50-70 blue-chip and medium sized European equities, including UK-listed stocks, primarily on European exchanges. Some small-caps may be included.
Both funds are Dublin domiciled UCITS offering both institutional and retail shares. Hambro is aiming for both funds to outperform the FTSE Eurotop 300 Index. The funds will be denominated in both sterling and euros. The minimum investment level for the institutional share class is e125,000.
Managing director, Andreas Lehmann, said: “With the launch of these two European funds we are extending our suite of products covering Europe with different investment styles.
“Our recently enhanced sales team, following the appointment of head of international sales, Steve Coxshall, gives us the capability to actively market these new funds to a wider range of institutional investors within Europe.”
Coxshall joined the firm in March 2003. He was previously head of international sales with Newton Fund Managers from 1995 to 1998. In 1999 he joined Massachusetts Fund Services to lead their entry into Europe as director of sales. From 2001 he also built up heir domestic UK business.
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