JPMorgan Amer InvTst - Retirement of Value Portfolio Investment Manager
12/02/2025 07:00
For best results when printing this announcement, please click on link below: https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250212:nRSL7360Wa&default-theme=true RNS Number : 7360W JPMorgan American IT PLC 12 February 2025 LONDON STOCK EXCHANGE ANNOUNCEMENT JPMORGAN AMERICAN INVESTMENT TRUST PLC (the 'Company') RETIREMENT OF VALUE PORTFOLIO INVESTMENT MANAGER Legal Entity Identifier: 549300QNAI4XRPEB4G65 On 20th March 2024, the Company announced that it had been informed by its Manager, JPMorgan Funds Limited (the 'Manager'), that Mr Jonathan Simon, one of the Company's Large Cap Portfolio Managers, would retire in early 2025. The Company has now been advised that Mr Simon's retirement will be effective 3rd March 2025. With effect from 4(th) March, Graham Spence will join Jack Caffery as a co-Portfolio Manager on the value stocks in the large cap portfolio, while Felise Agranoff and Eric Ghernati will continue to work on the growth stocks. There will be no changes to the Company's investment process or investment objective as a result of these changes. Graham is a senior member of the U.S. Equity Value team and is a co-portfolio manager on the JPMorgan Value Advantage strategy within the U.S. Equity Group. Graham joined the U.S. Equity Value team in 2013 as a dedicated research analyst on Value Advantage. Mr Simon, who joined the Manager in 1980, was appointed as a Portfolio Manager of the Company on 1st June 2019 and was responsible for the value stocks in the Large Cap Portfolio. The Chairman of the Company, Robert Talbut, commented: "On behalf of the shareholders of JPMorgan American Investment Trust plc, I extend our best wishes to Jonathan for a happy and well-deserved retirement. The Company's Portfolio Managers have delivered impressive returns for shareholders, adeptly navigating the challenging market conditions of recent years. Jonathan leaves the Company's Large Cap portfolio in capable hands, with Felise and Jack continuing their complementary growth and value investment approach to US equities." 12th February 2025 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) This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END MSCGPURUPUPAGQG