Equities
JO Hambro launches second emerging markets fund
Rob Langston, 29 June 2011
JO Hambro Capital Management (JOHCM) is set to add to its emerging markets range with the addition of the Global Emerging Markets Opportunities fund.
The offshore fund - due to be launched on 30 June - is the second emerging markets fund for the boutique investment manager.
The new launch will be managed by former Baring Asset Management fund managers James Syme and Paul Wimborne.
The portfolio will be managed on a top-down approach with an emphasis on country allocation, covering the 21 countries in the MSCI Emerging Markets index.
According to JOHCM, the managers will also use a stock selection process focusing on growth stocks trading on attractive valuations within favoured countries to build a portfolio of between 50 and 60 stocks.
Syme was previously head of global emerging market equities at Baring furing a five year career at the fund management company.
The fund will have a minimum investment amount of £1,000, with a subscription fee of up to 5 per cent and a 1.5 per cent base fee.
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