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JO Hambro Capital Management Launches European Concentrated Value Fund

Tom Burroughes

2 April 2015

JO Hambro Capital Management has launched the JOHCM European Concentrated Value Fund, designed to hold a relatively small number of large European firms.

Managed by Robrecht Wouters, who will work alongside recently recruited Luis Faňanas, the European Concentrated Value Fund is an extension of Wouters' existing all-cap European Select Values strategy. It has been launched in response to client demand for a large-cap version of this successful product, the firm said in a statement yesterday. 

The fund will be available to retail and institutional investors through JOHCM’s Dublin-based OEIC fund range (via euro and US dollar  share classes). The annual management charge is 0.75 per cent for the A share class and 1.25 per cent for the B share class. A performance fee also applies to both share classes. The fund is available to institutional investors on a segregated account basis.

The ECV strategy will have a capacity limit of £2 billion ($2.95 billion).

JO Hambro Capital Management is a UK-headquartered active manager of equities and had £16.2 billion assets under management in long-only equity assets at 31 December 2014.