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JO Hambro makes inroads into Asian market with Silver Metis acquisition

JO Hambro Capital Management has bought Silver Metis Capital Management, an investment boutique specialising in Asian stocks.

JOHCM is also retaining two managers from the firm to launch two funds investing in Asian equities excluding Japan.

The first, Samir Mehta, set up Silver Metis in 2007 after working at Lloyd George Management in Hong Kong for nine years, where he was chief investment officer from 2003.

Silver Metis portfolio manager Cho-Yu Kooi was previously a portfolio manager at Lloyd George from 2001 to 2008, running the Asian smaller companies and Siam recovery funds.

Mehta’s new fund will offer a concentrated, all-cap approach, managed with a long-term return philosophy. Kooi will manage a small and mid-cap fund with a similar philosophy.

The managers will be based in Singapore and complement JOHCM’s existing emerging markets business.

JOHCM chief executive Gavin Rochussen says: “Samir has established a great reputation as an Asian equities investor and has extensive market experience.
Together with Cho-Yu, we believe we have found the right team to lead our efforts in this increasingly important region.

“As well as managing their own portfolios, they will assist with idea generation for our existing global and emerging markets equities strategies.”

Informed Choice managing director Martin Bamford says: “I think it is important and comforting for fund managers to have boots on the ground in the region they invest in.

“It should mean they can hold more frequent meetings with finance directors and senior people within the companies they are investing in.”

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