John Wood is to retire from JO Hambro Capital Management (JOHCM) later this year, with his £1.8bn UK Opportunities fund being handed to Rachel Reutter and Michael Ulrich.
Wood will retire from the investment management industry on 30 September 2017, after running the fund since 2005 and a 26-year career. Co-managers Reutter and Ulrich will assume fund management responsibilities...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI