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JO Hambro Ups U.K. Fund Limit To £1B

JO Hambro Capital Management’s Clive Beagles has increased the limit on his U.K. Equity Income fund to £1 billion.

JO Hambro Capital Management’s Clive Beagles has increased the limit on his U.K. Equity Income fund to £1 billion, Investment Week reports. The fund, that was soft-closed at £750 million in February, now stands at £863 million.

The new investors in the fund will be required to pay a 5% creation charge. The fund has returned 42.4% over three years, as compared to an average 11.9%.

Click here for the story from Investment Week.

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