The fund, which will launch on 29 June, is designed to take advantage of what Leyland termed a "generational opportunity" to buy into undervalued, quality corporate assets across the globe.
He said the response of many investors and asset managers to the current volatile financial landscape had been to focus on yield – as shown by recent inflows into bonds and income strategies.
But many have given up on three to five year investment in companies with high prospects of compound growth.
"Capital chases capital and you make money by not behaving like everyone else," added co-manager Wood.
The fund will consist of a concentrated portfolio of between 25 and 40 holdings. It will be unconstrained but benchmarked against the MSCI AC World Total Return Index for performance measurement purposes.
The investment process will have an absolute rather than relative return emphasis, building on that shown by the JOHCM UK Opportunities Fund which has returned 18.37% over the five years to 31 May (net of fees) compared to the FTSE All-Share’s Total Return Index adjusted return of -3.29%, according to Lipper.
Available to retail and institutional investors through JOHCM’s Dublin-based Oeic range, the fund will have sterling, euro and dollar share classes available, with a 0.75% AMC for institutional investors and 1.5% for retail investors.
The fund will be capped at £5bn AUM, but will be reviewed once AUM reaches £2.5bn.
Leyland will be the lead manager on the fund, while John Wood will continue to serve as lead manager on the UK Opportunities Fund.
