JO Hambro Capital Management (JOHCM) has soft closed its Global Select and European Select Values funds, after assets have soared since the start of 2015.
The asset manager has now introduced a 5% front-end charge to both Dublin-registered funds to discourage further flows from new investors. Terms for existing investors will remain unchanged, including direct clients and those using third-party platforms. JOHCM's Global Select fund, launched in September 2008 and run by Christopher Lees and Nudgem Richyal, has grown from £1.7bn on 31 December 2014 to nearly £2bn on 25 March 2016. Total assets under management for the combined Global Select and International Select (Global ex US) strategies and segregated mandates stood at £6.3bn at 31 ...
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