Charlie Thomas leaving Jupiter – Jupiter Green Investment Trust’s board says that it has been advised by Jupiter Asset Management Limited, that Charlie Thomas, the fund manager of the company since 2006, will be leaving Jupiter to take on a new role.
The board says it would like to extend its thanks to Charlie for his commitment to the company and its shareholders over the past 14 years, and wishes him the very best.
Jupiter fund manager Jon Wallace has been appointed as manager in Charlie’s stead.
Jon Wallace has worked closely with Charlie on the trust since 2014, having joined Jupiter’s Environmental Solutions team in 2009. Prior to Charlie’s departure he will collaborate closely with Charlie to ensure a smooth transition of fund management responsibilities, while maintaining consistency of philosophy and approach for shareholders.
Jon will also be taking on the management of Jupiter Asset Management’s environmental solutions equity portfolios following Charlie’s departure. In this role, he will report into experienced fund manager Rhys Petheram, with whom he has worked for a number of years. Rhys will lead and evolve Jupiter’s expertise in investing in companies intentionally focused on providing solutions to sustainability challenges across key environmental themes, continuing to report to Katharine Dryer, Jupiter’s deputy CIO.
The strategy will be supported by a team of specialist analysts as well as receiving ongoing input from Jupiter’s dedicated sustainability and governance team.
Michael Naylor, the chairman, and Jon Wallace, the fund manager, will be giving an investor update at 10am on 27th January.
[Jupiter Green has long been sub-scale but in recent times has been riding investors’ enthusiasm for all things ESG and issuing shares. We fear that this news might pause that run of good fortune. The natural alternative is the much better-resourced and successful Impax Environmental Markets Trust.]
JGC : Charlie Thomas leaving Jupiter