20th Jan 2014 12:48
LONDON (Alliance News) - JPMorgan Income & Growth Investment Trust PLC said Monday that Neill Nuttall is stepping down from managing the company's investments, as he is leaving JPMorgan Asset Management.
The investment trust has proposed that James Elliot and Katy Thorneycroft take up the management of its portfolio. Elliot is chief investment officer of Nuttall's Asset Management Solutions team in Europe and Asia, and Thorneycroft is senior manager of the team.
The management of the company's UK equities will remain with Sarah Emly and John Baker, the investment trust said.
Shares in JP Morgan Income & Growth were trading up 1.0% at 95.74 pence Monday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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