View more on these topics

JO Hambro launches two Asia funds

JO Hambro Capital Management has bolstered its investment offering with the launch of an Asia ex-Japan fund and an Asia small and mid-cap fund.

The funds will be managed by Samit Mehta and Cho-Yu Kooi, both of whom joined the firm following the acquisition of Singapore-based Silver Metis Capital Management by JOHCM in May 2011.

Mehta, who founded Silver Metis in 2007, will manage the Asia ex-Japan fund, while Cho-Yu will manage the small and mid cap fund. Both funds will hold between 35-50 stocks and will have a low turnover.

Both funds will sit in JOHCM’s Dublin range and will have sterling, euro and dollar share classes. The Asia ex-Japan fund will have a capacity of around £1.6bn while the mid and small-cap fund will be capped at around £650m.

Mehta says: “With economic storms swirling around Europe and the United States, investors are increasingly looking to Asia as one of the few obvious pockets of growth in the world. Asia is not completely immune to the current macro upheaval, but with low levels of indebtedness, under-penetrated consumer markets and rising domestic incomes, it is well placed to ride out these storms.”



BoE increases QE by £75bn

The Bank of England’s Monetary Policy Committee has voted to keep base rate at 0.5 per cent for the 31st consecutive month but has decided to increase its programme of quantitative easing by £75bn to £275bn. The last rate change was on March 5, 2009, when it was reduced from 1 per cent to 0.5 […]

Age is no barrier

A reversion plan could give retired homeowners reluctant to take on another mortgage the freedom to move, says Peter Welch, head of sales and distribution at Bridgewater Equity Release

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment