One To Watch: JOHCM's Syme on EM valuation anomalies

After building up a $5bn emerging markets strategy at Barings, James Syme and Paul Wimborne left in February 2011 to join boutique fund manager JO Hambro Capital Management (JOHCM).

The pair produced top performance on the Baring Emerging Markets fund using their top-down approach, which they have continued to apply to their strategy at JOHCM. The JOHCM Global Emerging Market Opportunities fund was launched at the end of June 2011, and although performance since has been lacklustre, the managers’ previous track record means it is a fund that should be on wealth managers’ radars. Process The duo use a top-down approach and only buy companies that fit within their country view. There are about 50 positions in the fund, out of the 700 in the MSCI Emerging Markets ...