J O Hambro Capital Management (JOHCM) is an active investment management company specializing in high conviction, active equities management.
From our offices in New York, Boston, Philadelphia, London, Singapore, Dublin, Paris, and Munich, we manage USD$27.6 billion of assets across a range of global and regional equity strategies and a multi-asset strategy. Our nimble teams invest with high conviction and full autonomy, able to pursue the best investment opportunities whilst being free from the bureaucratic distractions of larger investment houses.
We have eight mutual funds dedicated to U.S.-based investors under the JOHCM Funds banner. These funds offer retail and institutional investors access to our investment expertise in Global, International, Emerging Markets, Asia-ex Japan, and International Small Cap equities.
In 2023, Perpetual Limited – an ASX-listed, global diversified financial services company headquartered in Sydney, Australia – acquired Pendal Group Limited, including JOHCM, bringing together seven premium and trusted brands to create a global leader in multi-boutique asset management.
Continued Autonomy & Excellence
Fundamental to the acquisition was a commitment to each boutique brand maintaining their investment autonomy. Ultimately, this means that while JOHCM sits within the broader Perpetual Group, there will be no change to JOHCM’s key investment teams or capabilities. This enables us to preserve, protect and promote the independence of our investment team and maintain our investment autonomy. For over 30 years our clients have chosen to partner with us for the premium service and outcomes we provide, and we look forward to continuing to deliver this very same experience ongoing.
WE MANAGE $27.6 billion OF ASSETS
Source: JOHCM as of 30 June 2023. Assets under management shown for our equity and multi asset strategies.
Why are we different?
Aiming to be the best, not the biggest.
We want to be the best investment house, not the biggest. Growing too large can be an impediment to successful long-term investment. When funds become too big their performance can suffer from a lack of nimbleness that prevents investment in the best opportunities within the stock market, particularly within smaller, less liquid companies. By limiting how much money our fund managers manage, we can maintain our emphasis on market-leading, long-term investment performance.
We want to be the best investment house, not the biggest. Growing too large can be an impediment to successful long-term investment. When funds become too big their performance can suffer from a lack of nimbleness that prevents investment in the best
opportunities within the stock market, particularly within smaller, less liquid companies. By limiting how much money our fund managers manage, we can maintain our emphasis on market-leading, long-term investment performance.
Proven fund managers…
Our success has been founded upon recruiting experienced fund managers with proven investment pedigrees. They are attracted by our entrepreneurial approach and lack of bureaucracy, the latter enabling them to focus solely on investing without the distractions that can arise at a larger company.
…given full intellectual freedom
And our fund managers have complete investment freedom – there is no ‘house’ view on economies, markets, sectors or stocks. This leads to a diversity of views and approaches across our investment professionals and insulates us from the dangers of ‘groupthink’. This intellectual latitude and the absence of bureaucratic practices associated with many larger fund management houses has led to extremely low turnover amongst our investment professionals.
- Active equities
Investment autonomy for freedom of thought
Compensation structures that aligns, motivates
and retains talent
Capacity management enhances performance
Strategy assets by region
Source: JOHCM as at 30 June 2023. Assets under management is for our long-only equity and multi-asset strategies.
Experienced portfolio managers
AVERAGE INDUSTRY EXPERIENCE
ON AVERAGE WORKING TOGETHER AT JOHCM
As of 30 June 2023