JO Hambro Capital Management is eyeing a new fund for Ben Leyland, assistant manager on its £870.8m UK opportunities fund, later this year.
The JOHCM Global Opportunities fund, which is scheduled to launch at the end of this quarter, will have a portfolio holding of between 25 and 40 stocks.
“It’s an expansion of the existing, successful UK opportunities franchise that we’ve been running where John Wood is lead and Ben has been number two fund manager for a number of years,” a spokesperson for JOHCM says.
Leyland is the new fund’s lead manager but Wood will be “fully involved on the product”.
The fund will have a minimum investment of £1,000 for retail investors and will carry a performance fee in line with all of the asset manager’s Oeics.