UK-based JO Hambro Capital Management (JOHCM) is planning to expand presence in the US by appointing a team of US-based managers alongside launching new US equity funds.

Gavin Rochussen, CEO of JOHCM, said that the firm plans to hire at least two new US teams over time, and launch several products investing in US equities.

Rochussen added that the firm aims to hire US specialists to run a US small- and mid-cap strategy, as well as a global value product.

The firm already has one US team, based in New York, which will manage the firm’s US-domiciled JOHCM International Small Cap Equity Fund, launched in October.

Rochussen said that the US team will act as a base for the launch its US products aimed at UK retail investors.

"With the expansion in the US, we would be leveraging off our existing success and building out growth, and this complements our existing range in Europe," Rochussen added.

With £13 billion in AUM, JOHCM runs equity funds through 17 different strategies, all of which have capacity limits.