Jupiter could lose US Smaller Companies trust after Siddles' retirement

Manager to step down next April

Jupiter Asset Management is in danger of losing its US Smaller Companies investment trust after announcing manager Robert Siddles would retire in April 2021.

Siddles, who has managed the £124m Jupiter US Smaller Companies Trust (JUS) since 2001, will retire from fund management early next year. He joined Jupiter in 2014, bringing JUS with him. Since Siddles took over, the trust has returned 385.5%, according to FE fundinfo, slightly below its Russell 2000 benchmark's 393.5%. Jupiter completes £390m Merian GI acquisition Jupiter CIO Stephen Pearson said: "We are very sorry to see Robert go, and would like to thank him for all his hard work and commitment to the company over his years at Jupiter. We wish him every happiness in his retirem...