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.”