Manager News – March 2019
JP Morgan American:
The board of the JP Morgan American investment trust is set to replace manager Garrett Fish with Jonathan Simon and Tim Parton appointed as co-managers; with the number of stocks set to be reduced to increase conviction in each holding under the new management team.
Janus Henderson Global Equity:
Stephen Peak, the manager of the Janus Henderson European Focus fund and International Opportunities strategy fund, is set to retire after 27 years with the fund. Robert Schramm-Fuchs will become the lead manager on the European Focus fund as Lars Dollmann, the fund’s co-manager alongside Peak is also stepping down. Dean Cheeseman and Marc Schartz meanwhile will take responsibility for the International Opportunities strategy.
JP Morgan Multi-Asset:
James Eliot, the international Chief Investment Officer (CIO) for multi-asset solutions at JP Morgan and manager of the group’s Global Macro and Global Macro Opportunities funds, has resigned, with Rob O’Rahilly taking over his management responsibilities, whilst Shrenick Shah will become the lead manager on the Global Macro and Global Macro Opportunities funds.