Jupiter has appointed James Zimmerman as Manager of the GBP60 million Jupiter UK Smaller Companies Fund, effective 1 June 2015.
Zimmerman takes over from Richard Curling, who has managed the Fund since March 2006. Richard will continue to manage the Jupiter Fund of Investment Trusts and institutional assets, and co-manage the Jupiter Primadona Growth Trust PLC and Jupiter Monthly Income Fund.
Since launch in March 1999, the Jupiter UK Smaller Companies Fund has returned 324.96 per cent compared to 201.48 per cent for its benchmark, the FTSE Small Cap Ex Inv Trusts Index. The Fund aims to obtain long-term capital growth by investing primarily in UK smaller companies.
James joined Jupiter in 2011 as an Equities Analyst in the UK Equities Team, and returned to the Company in October last year, following a year as a Global Generalist Analyst at Rockefeller & Co in New York. He has worked with Richard Curling as Assistant Fund Manager of the Jupiter UK Smaller Companies Fund since his return.
Stephen Pearson, Head of Investments at Jupiter, says: “Following the appointment of Steve Davies as sole manager of the Jupiter UK Growth Fund earlier this year, James’s promotion is a further illustration of our strategy to nurture internal talent by developing fund managers from within our existing investment team. James has worked closely with Richard on the Jupiter UK Smaller Companies portfolio since his return, and we see his new appointment as a natural step which recognises his talent for investment, and allows Richard to focus on the other portfolios under his management.”