J O Hambro Recruits Gittes As Senior Fund Manager And Head Of Credit For The New York-Based Multi-Asset Value Team

NEW YORK, Nov. 16, 2020 /PRNewswire/ -- J O Hambro Capital Management Group (JOHCM), which manages $36.2 billion in assets, is pleased to announce that Adam Gittes will join the firm's New York-based Multi-Asset Value team on November 23^rd as Senior Fund Manager and Head of Credit. He joins from Piney Lake Capital Management, a hedge fund focused on private credit and special situations credit investing.  

Giorgio Caputo, Head of the Multi-Asset Value team, said: "I have known Adam for a long time, and having worked with him at a prior firm, I know that his approach to investing fits well with our goals of delivering meaningful income and long-term capital growth to our clients." Gittes will serve as Senior Fund Manager on the JOHCM Global Income Builder Fund (JOBIX), a flexible multi-asset income strategy, and on the recently launched JOHCM Credit Income Fund (JOCIX), a flexible credit alternative. 

Gittes replaces Lale Topcuoglu who will leave the firm in January to pursue a leadership position in the insurance industry. Nick Good, CEO – JOHCM USA, said, "It is exciting to see Lale pursue a new path in her career. She has been an exceptional partner, and we wish her all the best in her future endeavors." 

Using an intrinsic value approach, the team seeks income-generative securities across equity and fixed income markets worldwide.  The team also includes Senior Fund Manager Robert Hordon and analysts Remy Gicquel and Hugues LeBras, all of whom have been on the strategy since inception.  

NOTES TO EDITORS:

J O Hambro Capital Management Group (JOHCM) is a UK-headquartered active asset management company with investment offices in London, New York and Singapore and dedicated institutional and mutual fund sales teams based in Boston, MA and Berwyn, PA, respectively. It manages $36.2 billion of assets (as of September 30, 2020) across U.K., European, Asian, Japanese, Global/International and Emerging Markets equities and multi-asset strategies. JOHCM constrains investment strategy capacity in order to promote market-leading portfolio performance.

Investors should note that investment in foreign securities involve additional risks due to currency fluctuations, economic and political conditions, and differences in financial reporting standards. Smaller company stocks are more volatile and less liquid than large, more established company securities. The small and mid cap companies the Fund may invest in may be more vulnerable to adverse business or economic events than larger companies and may be more volatile; the price movements of the Fund's shares may reflect that volatility. 

Fixed income securities will increase or decrease in value based on changes in interest rates. If rates increase, the value of the Fund's fixed income securities generally declines. If interest rates fall, the value of fixed income securities generally increase. Long-term fixed income securities or instruments will normally have more price volatility because of this risk than short term fixed income securities or instruments. Below investment grade fixed income securities, also known as "junk bonds," are not investment grade and are generally considered speculative because they present a greater risk of loss than higher quality debt securities. Investors should note that investments in foreign securities involve additional risks due to currency fluctuations, economic and political conditions, and differences in financial reporting standards. Other risks may include and are not limited to liquidity, loan-related, currency, hedging, derivatives and credit risks. 

An investor should consider the Fund's investment objectives, risks, and charges and expenses carefully before investing or sending any money. This and other important information about the Funds can be found in the Fund's(s) prospectus or summary prospectus which can be obtained at www.johcm.com or by calling 866-260-9549 or 312-557-5913. Please read the prospectus or summary prospectus carefully before investing. The JOHCM Funds are advised by J O Hambro Capital Management Limited and distributed through Foreside Financial Services, LLC, member FINRA. The JOHCM Funds are not FDIC-insured, may lose value, and have no bank guarantee.

SOURCE J O Hambro Capital Management

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