JPMorgan European Discovery Trust (JEDT) has announced that Jon Ingram, Jack Featherby and Jules Bloch will be appointed as named Portfolio Managers with effect from 1 March 2024, replacing Francesco Conte and Edward Greaves. The team change follows an internal review of the portfolio management team and its investment process, which was led by the Board and J.P. Morgan Asset Management (JPMAM).
About Jon Ingram
Basedc in London, Jon Ingram is Head of the unconstrained team within the JPMAM’s International Equity Group. The Unconstrained team includes JPMAM’s UK and European mid and small cap specialist investors. An employee since 2000, Jon joined the firm as a graduate trainee having obtained an M.Eng in Metallurgy and Science of Materials from the University of Oxford and is a CFA charterholder. He has 24 years’ experience with JPMAM, and a strong record of outperformance. The existing strategies on which Jon is a named portfolio manager have outperformed their respective benchmark for each of the 3, 5 and (where available) 10-year periods, and overall since inception.
Comments from Marc van Gelder, chairman of JEDT
“The Board would like to thank Francesco and Edward for their long-standing contribution to the management of the Company’s portfolio.
“The Board is delighted to welcome Jon, Jack and Jules as named managers of the Company portfolio. With Jon’s extensive experience, strong long-term outperformance record and the team’s collective 37 years of experience on the J.P. Morgan Asset Management investment platform, we are confident the Company is well positioned to take advantage of the exciting growth potential of the dynamic and often overlooked European small-cap market.
“The Board looks forward to working with the investment team to deliver the strong long-term returns our shareholders expect.”