JOHCM unveils first multi-asset fund with income bias

The JOHCM Global Income Builder fund will typically hold between 30% and 70% of its portfolio in equities, with the remainder invested across fixed income, commodities and cash, and aims to provide investors with a persistent stream of income, along with long-term capital growth. James Hambro poaches Asia specialist from Ruffer JOHCM said the fund will take a bottom-up approach to investing across asset classes, employing a "value philosophy that focuses first and foremost on the protection and preservation of capital by investing with a margin of safety". It offers investors fixed...