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Article | 05 September 2025

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The contents of this website are issued and approved in the UK by J O Hambro Capital Management Limited (“JOHCML”) which is authorised and regulated by the Financial Conduct Authority. Registered office: Level 3, 1 St James’s Market, London SW1Y 4AH. Issued in the European Union by Perpetual Investment Services Europe Limited (“PISEL”) which is authorised by the Central Bank of Ireland. Registered office: 24 Fitzwilliam Place, Dublin 2, Ireland D02 T296. Issued in the US by JOHCM (USA) Inc. (“JOHCMU”) Principal office: One Congress Street, Suite 3101, Boston, Massachusetts 02114. References to “JOHCM” below are to either JOHCML, JOHCMU or PISEL as the context requires.