The JOHCM Asia ex Japan Fund and the JOHCM Asia ex Japan Small and Mid Cap Fund are part of the company’s Dublin-based fund range and are open to both retail and institutional investors in sterling, US dollar or euro share classes.
Samir Mehta will manage the Asia ex Japan Fund, an all-cap fund with a bias towards large-cap stocks, while Cho-Yu Kooi will manage the small/mid cap fund.
Mehta and Kooi joined JOHCM in May this year, following the company’s acquisition of Silver Metis Capital Management, a Singapore-based asset management boutique specialising in Asian equities that was founded in 2007 by Mehta.
Commenting on the launch of the two new funds, Mehta said: “With economic storms swirling around Europe and the United States, investors are increasingly looking to Asia as one of the few obvious pockets of growth in the world. Asia is not completely immune to the current macro upheaval, but with low levels of indebtedness, under-penetrated consumer markets and rising domestic incomes, it is well placed to ride out these storms.”
JOHCM’s said that in keeping with its policy of capping strategies in order to deliver and sustain outperformance, the Asia ex Japan strategy will have a capacity limit of $2.5bn while the small/mid-cap strategy will have a lower capacity of $1bn.