JOHCM duo to favour large caps on GEM Opps fund

JO Hambro Capital Management's newest offering, Global Emerging Markets Opportunities fund, will have a large-cap bias and adopt the top-down approach the managers used in their in their previous roles at Barings.

The fund is set to launch on 30 June, run by James Syme and Paul Wimborne, who left Barings in February. Wimborne was formerly lead manager of the £113m Baring Emerging Market fund, while Syme was head of global emerging markets for the group. The new offering is aiming to be a core holding to differentiate it from the JOHCM Emerging Markets fund, managed by Emery Brewer and Ivo Kovachev, launched in April last year, the group said. GEM Opportunities will hold between 40 and 60 stocks and although it can invest across the cap spectrum, it will focus on large caps. The managers anti...