JOHCM has promoted James Lowen to co-manager on Clive Beagles' UK Equity Income portfolio. Lowen to...
JOHCM has promoted James Lowen to co-manager on Clive Beagles' UK Equity Income portfolio. Lowen took over the fund last September when Beagles took a six-month sabbatical, returning in April. During turbulent market conditions, he restructured 30% of the portfolio, reducing financial and consumer cyclical exposure and increasing weightings in telecom and healthcare stocks. Since Beagles returned, he has added to financial positions. "We moved to a neutral position in Royal Bank of Scotland post the completion of its rights issue," added Beagles. "This bank is now recapitalised, h...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
