Beagles to return as co-manager of JOHCM UK Equity Income

Clive Beagles is returning to JO Hambro on 1 April after a six-month sabbatical, and will resume his ...

Clive Beagles is returning to JO Hambro on 1 April after a six-month sabbatical, and will resume his role as manager of the JOHCM UK Equity Income fund. He left to recover after a period of illness, with and Beagles’ former Newton colleague James Lowen has managed the vehicle in his absence. Lowen will remain as co-manager of the £182m fund. He took over the portfolio last September, when turbulent market conditions led him to restructure 30% of the portfolio, reducing financial and consumer cyclical exposure and increasing weightings in telecom and healthcare stocks. Since then, the f...