The board of the £42m Jupiter Green investment trust has made changes to the vehicle's investment policy following a strategic review.
It will now be solely managed by Jupiter's Charlie Thomas. Previously the US and Canadian parts of the portfolio were run by Boston-based Winslow Management. As a result of this decision, the trust's benchmark will change to the MSCI World Small Cap index from a composite of the FTSE Global Small Cap ex US index and Russell 2500 Growth index. The board hopes the changes will give Thomas more flexibility over asset allocation and allow for greater exposure to Asia. It also expects him to make greater use of derivatives. Chairman Perry Crosthwaite says: "The board believes that the ...
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