Jupiter Green Investment Trust Plc Change in Fund Manager (3029M)
20 January 2021 - 9:15PM
UK Regulatory
TIDMJGC
RNS Number : 3029M
Jupiter Green Investment Trust Plc
20 January 2021
Jupiter Green Investment Trust PLC (the 'Company')
Legal Entity Identifier: 549300MFRCR13CT1L845
Change in Fund Manager
The Board of Jupiter Green Investment Trust PLC has been advised
by the Investment Adviser, Jupiter Asset Management Limited, that
Charlie Thomas, the fund manager of the Company since 2006, will be
leaving Jupiter to take on a new role.
The Board would like to extend its thanks to Charlie for his
commitment to the Company and its shareholders over the past 14
years, and wishes him the very best.
Further to this news, the Board is pleased to announce that
Jupiter fund manager Jon Wallace has been appointed to assume lead
fund management responsibility for the Company.
Jon Wallace has worked closely with Charlie on the Trust since
2014, having joined Jupiter's Environmental Solutions team in 2009.
He has an in-depth knowledge of the portfolio, and a strong
expertise in seeking out the key innovators in the green technology
space. Prior to Charlie's departure he will collaborate closely
with Charlie to ensure a smooth transition of fund management
responsibilities, while maintaining consistency of philosophy and
approach for shareholders.
Viewed by Jupiter as Charlie's natural successor, Jon will also
be taking on the management of the company's environmental
solutions equity portfolios following Charlie's departure. In this
role, he will report into experienced fund manager Rhys Petheram,
with whom he has worked for a number of years. Rhys will lead and
evolve Jupiter's expertise in investing in companies intentionally
focused on providing solutions to sustainability challenges across
key environmental themes, continuing to report to Katharine Dryer,
Jupiter's Deputy CIO.
The strategy will be supported by a team of specialist analysts
as well as receiving ongoing input from Jupiter's dedicated
sustainability and governance team.
Michael Naylor, the Chairman, and Jon Wallace, the fund manager,
will be giving an investor update at 10am on 27th January. If you
would like to participate in the presentation and Q&A
afterwards then please register via this link .
Michael Naylor, Chairman of the Board, commented: "We wish
Charlie well and we are pleased to appoint Jon Wallace as manager
of the Jupiter Green Investment Trust. Jon is well known to the
Board and we look forward to working closely with him to continue
to deliver an exciting investment opportunity for our
shareholders."
Andrew Formica, Chief Executive Officer of Jupiter, commented :
'I am delighted that Jon will be taking on the lead fund management
responsibility for Jupiter Green Investment Trust. With a 30-year
heritage of sustainable investing, Jupiter is committed to growing
the assets under management of this trust and also of our
investment trust business generally."
For further information please contact:
finnCap Limited
Corporate Finance:
William Marle / Giles Rolls 020 7220 0500
Sales:
Mark Whitfeld / Pauline Tribe 020 7220 0500
20 January 2021
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