J O Hambro IM undergoes rebranding

J O Hambro IM undergoes rebranding

London-based J  O Hambro Investment Management (JOHIM) has rebranded following the sale of the business by Credit Suisse.

The firm's new name is Waverton Investment Management.

The bank sold the firm in 2013 to Bermuda-based financial services group, Somers Limited, and JOHIM management.

“Today’s announcement represents a change in name only. The underlying structure of the business remains the same and we will continue to offer the same high quality service and seek the superior investment performance that our clients have always expected of us,” said Hugh Grootenhuis, chief executive, Waverton Investment Management.

The name Waverton was chosen because it is the name of the Gloucestershire family home of Richard Hambro, the firm’s co-founder and late chairman.

In addition, the firm’s existing funds have used the Waverton name since 2004.

“While the name may therefore be new to some, the history and experience underpinning the business are extensive and we feel that the name Waverton not only gives us a clear identity going forward, but also acknowledges the original foundations and values on which the company has been built,” Grootenhuis added.