20th Jan 2014 13:42
LONDON (Alliance News) - JPMorgan Income & Growth Investment Trust PLC Monday said the manager of its investments is leaving JPMorgan Asset Management (UK), meaning he will no longer be responsible for its investments.
The trust said Neill Nuttall is leaving JPMorgan Asset Management (UK), where he became the manager of JPMorgan Income & Growth in 2010.
"It is proposed that Mr Nuttall's responsibilities pass to James Elliot and Katy Thorneycroft. Mr Elliot is the Chief Investment Officer of the manager's Asset Management Solutions ("AMS") team in Europe and Asia," the trust said in a statement.
Thorneycroft is a senior manager in the AMS team.
The trust said Sarah Emly and John Baker would continue to manage the UK equities component of its assets.
By Samuel Agini; [email protected]; @samuelagini
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