Jupiter's Thomas begins overhaul of £41m Green IT

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Jupiter's Charlie Thomas has begun modifying his £41m Green investment trust since taking over the whole portfolio.

On 1 July, Thomas took control of 40% of the fund which was run by US and Canadian specialists Winslow Management, following a strategic review by the board. Changes include selling out of some US stocks with the intention to put more money into Asia. Thomas also plans to improve the income profile of the trust. Jupiter Green’s current asset allocation is 42% North America, 26% UK, 19% Europe, 7% Japan, 4% other and the remainder in cash. “The reason for this change was the board felt we needed to look at our investments in a more holistic way, which was difficult to do with two se...

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