View more on these topics

JOHCM entices Chris Lees to launch new strategies

J O Hambro Capital Management has poached AAA rated fund manager Chris Lees from Baring Asset Management to launch its global and EAFE strategies.

Lees, who is currently head of global sector teams at Baring Asset Management, is ranked 6th by Citywire out of 597 Global Equity pan-European-based managers over three years and 7th out of 855 Global Equity pan-European-based managers over 1 year.

JOHCM chief executive Nichola Pease says: “Adding a global strategy to our current range of regional equity products has long been a strategic objective for us. We have employed a rigorous search process to identify a manager who would meet our strict criteria of offering a mix of experience and strong performance. Not only has Chris delivered outstanding investment returns, but he is also a natural entrepreneur having built a Global / EAFE business to $2.0bn of assets over the last 5 years.”

Lees added: “I am delighted to be joining a firm with such a strong commitment to aligning fund managers’ entrepreneurial needs to clients’ best interests. Working in a business culture that removes distractions and allows managers to deliver and sustain performance was a great pull for me. JOHCM has an exceptional team of managers and I look forward to working with them in this exciting entrepreneurial environment.”

Recommended

Positive Solutions’ Reeve joins Aifa council

Positive Solutions chief executive Jim Reeve has been co-opted to the Aifa council.He replaces Alexander Forbes managing director Tim Morgan, who is moving to South Africa. Reeve joined Positive Solutions as chief executive in September 2007.He worked for Barclays as managing director of its financial planning arm and before that he was with the Zurich […]

Brokers not intimidated by HSBC rate matcher deal

Mortgage brokers are not concerned HSBC’s directly sold rate matcher offer will lose them business despite many believing it is a good deal.HSBC has been matching borrowers rates since February 1 but this morning it extended the offer to all UK homeowners for five weeks from April 14. The bank will match borrowers’ rates, as […]

JPMorgan launches global consumer trends offering

JPMorgan has launched a new fund that taps into the growing consumer and behavioural patterns in both Western and Eastern markets.The global consumer trends fund launched on Monday under the management of Peter Kirkman.The fund invest in 40 to 100 stocks focussing on the three main investment opportunities of demographic changes, wellness and health and […]

Crunching the numbers

Mortgage inter-mediaries have largely backed the open letter written to them by Premier Mortgage Service managing director John Malone that was published in Money Marketing last week.

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment