Based in the group’s New York office, Giorgio Caputo is to lead the global multi-asset team, which will oversee the management of a Dublin-domiciled global income builder fund when it launches in the first quarter of 2018.
Working alongside Caputo, who joined the firm this week from First Eagle Investment Management, will be Lale Topcuoglu who will assume the role of head of credit when she joins from Goldman Sachs in September.
In addition to managing the offshore Oeic for UK and European investors, the new global multi-asset team will run a US mutual fund which launches at the end of this year.
The funds will be managed using a value approach and the team, of which additional hires are anticipated, will have access to JOHCM’s existing 35 investment professionals. Capacity for the strategy has been set at $10bn.
Ken Lambden, JOHCM Group CEO said: “Retiree numbers are growing around the world. This strategy aims to address the increasing demand for income strategies globally.
“We view this new product as sensible extension to our existing range of equity strategies.”
