JOHCM reopens portfolios run by Marsden and Wild

JO Hambro Capital Management has reopened its £445.8m continental European and £159.7m pan European...

JO Hambro Capital Management has reopened its £445.8m continental European and £159.7m pan European funds two years after soft-closing them. Both funds closed in March 2006 after reaching their combined capacity of £500m, however managers Rod Marsden and Paul Wild now feel that level can be increased to £1.2bn without compromising performance. The group said following back-testing of the funds, closing the vehicles at £500m and the wider remit of the pan European vehicle launched in May 2003 was a conservative move, given the growth of the market.