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Alexander Darwall to step down as manager of Jupiter European

Kate Marshall | Tue 02 July 2019

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

Alexander Darwall will step down as manager of Jupiter European on 1 October 2019. He will leave the group in order to set up his own fund management business.

Mark Nichols has today joined Jupiter from Columbia Threadneedle, with the intention he'll take over management of the fund once Darwall leaves. The managers will work together closely until that point, and we expect a smooth transition between the two managers.

Nichols has experience of investing in European companies since 2001. He worked at Threadneedle from 2015, and was co-manager of the European Select fund from 2016. He favours quality stocks with a consumer bias – companies which have a competitive advantage over their peers. We don't expect him to make significant changes to the fund in the near term, but over time he will inevitably put his own stamp on the portfolio.

We don't think investors need to take any action at this time providing the fund still meets their objectives. We intend to speak to Nichols over the coming months to find out more about his plans for the fund, and at this point we'll update investors with our views.

The fund doesn't currently feature on the Wealth 50 list of our favourite funds.

Jupiter European Key investor information

More about this fund including charges

Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.


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