JO Hambro Capital Management (JOHCM) has launched an impact investment fund for the four-strong Hermes team it poached from the asset manager in December.
The Oeic fund is being launched in collaboration with ethical investment research firm Regan, which is part of JOHCM’s Australian parent company Pendal.
The Regnan Global Equity Impact Solutions fund will be managed by Tim Crockford (pictured), alongside analysts Mohsin Ahmad, Maxime Le Floch and Maxine Wille. The team previously managed the £200m Hermes Impact Opportunities Equity fund, which Crockford launched in December 2017.
The new strategy will invest in ‘mission-driven companies’ and use the 17 United Nations Sustainable Development Goals (SDGs) as an investment lens, through a high conviction global multi-cap portfolio.
The fund has an annual management charge of 0.75% for the fund’s A share class. A seed share class is also available for investors with an initial subscription of £1m.
Crockford said: ‘We are excited to be part of the Regnan family and to now launch the fund.
‘Regnan is taking impact analysis to the next level by going into real depth in understanding how the SDGs can be met, how a public equities manager can contribute to meeting them, and how each potential portfolio company fits with the goals. This is key for better investor outcomes, as for us the impact case is the investment case.’
JOHCM currently has £28bn in assets under management (AUM). In May the asset manager closed its Japan Dividend Growth fund after poor performance and outflows reduced assets to near £6m.
The Link LonkNovember 02, 2020 at 08:06PM
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JOHCM launches impact fund for Hermes hires - Citywire Financial Publishers
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