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RNS Number : 3970Z JPMorgan American IT PLC 07 August 2024
LONDON STOCK EXCHANGE ANNOUNCEMENT
JPMORGAN AMERICAN INVESTMENT TRUST PLC (the 'Company')
Changes to the Portfolio Manager team
Legal Entity Identifier: 549300QNAI4XRPEB4G65
As previously announced, Jonathan Simon, the portfolio manager responsible for
the value stocks in the Company's large cap portfolio, has given notice that
he intends to retire in early 2025. Jonathan will continue with his existing
responsibilities until his retirement. Following this announcement, the Board
was able to visit the Manager's offices in New York and held a series of
meetings with the portfolio managers and other senior members of the Manager's
US equities investment team.
As a result of these meetings it has been agreed that Jack Caffrey will work
alongside Jonathan on the value stocks in the large cap portfolio and Eric
Ghernati will work alongside Felise Agranoff on the growth stocks in the large
cap portfolio. The Board believes in the merit of additional portfolio manager
resources and considers that the Company will benefit from four portfolio
managers (two growth, two value) on the large cap portfolio as a key element
of the Company's ongoing management structure.
Jack has 32 years' experience and is a member of the Manager's Value team,
which is supported by more than 20 career research analysts. Eric has 24
years' experience and is currently a portfolio manager on a technology fund,
as well as having analytical responsibilities covering US technology stocks in
the Manager's Growth team, which is supported by over 15 career research
analysts.
7th August 2024
For further information, please contact:
Simon Elliott
Priyanka Vijay Anand
JPMorgan Funds Limited - Manager & Company Secretary
Telephone 0800 20 40 20 or +44 1268 44 44 70
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