JOHCM UK Opportunities loses Elite Rating, as manager retires

Sarah Culver 15/03/2017 in UK, Equities

John Woods, manager of JOHCM UK Opportunities, has announced that he will retire on 30 September 2017. As a result, the fund will lose its Elite Rating.

John has run the fund very successfully since 2005 and will be handing over the reigns to to co-managers, Rachel Reutter and Michael Ulrich.

John Wood commented: “After 26 years in a demanding industry, I am looking forward to a fresh chapter in my life. I am grateful for the support given to me by clients over the years, but I will leave JOHCM knowing that the portfolio is in safe hands with Rachel and Michael at the helm.”

Darius McDermott, managing director of FundCalibre, commented: “John’s retirement means that the fund must lose its Elite Rating. He has been a great fund manager and we wish him all the very best for the future.

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions.Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice.Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.

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