Jupiter European Class I - Accumulation (GBP)
Our view on this Fund
This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Mark Nichols and Mark Heslop took over management of this fund on 1 October. They look for quality European companies with the potential for sustainable growth, with a competitive advantage that others struggle to replicate.
The managers were previously part of Threadneedle's European equities team. We think they have a respectable track record investing in Europe and the potential to deliver good returns for investors. They work as part of a smaller team at Jupiter, compared with their previous team at Threadneedle. This means they have less resource, but we like the autonomy fund managers have at Jupiter, and believe they're well-incentivised to perform.
The fund isn't currently on the Wealth 50. We currently have greater conviction in other managers in the Europe sector, who have longer track records and delivered impressive levels of outperformance. Nichols and Heslop are also still in the process of building their team, so we'd like to see how things progress once the team's set up and settled.