JPMorgan European Discovery Trust appoint new ‘outperforming’ Managers (LON:JEDT)

JPMorgan European Discovery Trust plc (LON:JEDT), the FTSE 250 investment trust investing in a diversified portfolio of high-quality smaller companies in Continental Europe, has announced that Jon Ingram, Jack Featherby and Jules Bloch will be appointed as named Portfolio Managers with effect from 1 March 2024, replacing Francesco Conte and Edward Greaves.

This follows an internal review of the portfolio management team and its investment process led by the JEDT Board of Directors (the “Board”) and J.P. Morgan Asset Management (“JPMAM”). Jon Ingram is a highly experienced investor, with 24 years’ experience with JPMAM, and a strong record of outperformance. The existing strategies on which Jon is a named portfolio manager have outperformed their respective benchmark for each of the 3, 5 and (where available) 10-year periods, and overall since inception¹.

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