Patience is key for JO Hambro Capital Management UK Opportunities Fund
Thursday 11 Jul 2019 Author: Ian Conway
Does a fund with more than 25% of its holdings in cash tell you the managers are fearful? In the case of JO Hambro Capital Management UK Opportunities Fund (B95HP81) it is a mixture of the managers believing the market is over-valued and to also have the capacity to pounce on any sudden opportunities. Many investors may come to the conclusion that such a large cash position would be...