Seven funds lose Elite Rating
At our research team’s annual investment committee review meeting in July 2018, it was decided...
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.