# J O Hambro Capital Management

J O Hambro Capital Management is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1993
- **Assets under management:** $25B – $60B (Altss estimate)
- **Website:** johcm.com

## Regulatory record

- **CRD number:** 138653
- **SEC file number:** 801-69614
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/138653

## About

J O HAMBRO CAPITAL MANAGEMENT LIMITED is an SEC-registered investment adviser in London, registered since 2008. The firm manages approximately $23.3 billion in assets. It has 155 employees and 37 investment advisers.

## Sectors

- Financial Services
- Real Estate
- Healthcare Services
- Energy Transition & Renewables
- Consumer & Retail
- Industrial Tech

## Offices

- New York, United States
- Singapore
- Luxembourg

## People

- Gavin Rochussen — Chief Executive Officer
- Christopher Mills — Fund Manager

## Questions

### Who runs J O Hambro Capital Management's most prominent investment strategy?

Christopher Mills runs the firm's UK equity activist mandate, which he has managed since 1993. He is also the chairman of North Atlantic Smaller Companies Investment Trust, a listed vehicle that co-invests alongside JOHCM funds in many of the same UK small-cap situations. Mills's strategy relies on concentrated positions, public board engagement, and long holding periods to force value realization at underperforming companies.

### What is JOHCM's relationship with Perpetual Limited?

Perpetual Limited, an ASX-listed asset manager, acquired JOHCM's parent company Pendal Group in February 2023. Following the acquisition, Perpetual initiated a strategic review of the JOHCM business, raising the possibility of a sale or restructuring. As of the latest public disclosures, the review remains ongoing, and JOHCM's ultimate ownership structure is unresolved.

### What types of investors typically allocate to JOHCM funds?

JOHCM's client base spans UK and European institutional investors, intermediary wealth platforms, and retail fund buyers. Its UK equity strategies are particularly popular with wealth managers and multi-manager funds that seek high-conviction, benchmark-agnostic exposure. The firm also distributes through platforms in the US and Singapore, targeting institutional consultants and family-office allocators.

### Does JOHCM manage any investment trusts or listed vehicles?

JOHCM does not directly manage listed investment trusts, but its most prominent fund manager, Christopher Mills, chairs North Atlantic Smaller Companies Investment Trust (NAS). NAS frequently co-invests alongside JOHCM-managed mandates in UK small-cap situations, creating a parallel public vehicle that amplifies Mills's activist leverage. The trust is a separate listed entity, not consolidated within JOHCM's AUM.

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- [Tantallon Capital Advisors](https://altss.com/profile/tantallon-capital-advisors-pte-ltd)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/j-o-hambro-capital-management-limited

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