JO Hambro Ups U.K. Fund Limit To £1B

JO Hambro Capital Management’sClive Beagleshas increased the limit on hisU.K. Equity Incomefund to £1 billion,Investment Weekreports. The fund, that was soft-closed at £750 million in February, now stands at £863 million.

The new investors in the fund will be required to pay a 5% creation charge. The fund has returned 42.4% over three years, as compared to an average 11.9%.

Click here for the story fromInvestment Week.