Nervous international investors flee JOHCM UK Income portfolio

Assets now down to £3.5bn following Brexit concerns

Beth Brearley
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Clive Beagles of JO Hambro Capital Management
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Clive Beagles of JO Hambro Capital Management

JO Hambro Capital Management's (JOHCM) UK Equity Income fund has seen outflows this year, including the redemption of a £100m mandate, as international investors became jittery over the UK's exit from the European Union.

Manager Clive Beagles, who has run the fund since 2008, said the fund no longer has non-UK holders, as the remaining international investors "became nervous as Brexit negotiations went to the wire", with...

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