J O Hambro Capital Management (JOHCM) has hired portfolio managers Thorsten Becker, Arun Daniel and Vincent Rivers, as well as trader Eric Yi to form a new new small-to-mid cap US equity team.
Based in Boston, Massachusetts, the team will implement a new strategy to be rolled out later this year.
"The appointment of these experienced and proven US equities investors enhances our presence in the US and enables us to widen our investment fund range," said Gavin Rochussen, CEO of JOHCM.
All four new hires were previously employed by Pyramis Global Advisors, a Fidelity Investments company, where they played a key role in managing a US small/mid cap core equity strategy.
The US small and mid-cap equity strategy will be available to non-US investors via an open-ended investment company (OEIC) fund and to US-based investors through a mutual fund and commingled fund.
The strategy will also be offered through a segregated account. The team will apply a core investment approach, managing a fundamental research-driven best ideas portfolio. Capacity for the strategy has been set at $5bn.
The team will also launch a global small and mid-cap equity strategy in due course.