Square Mile have today suspended their A rating on the Jupiter Japan Income fund following the announcement that the manager, Simon Somerville has left the company. Going forward the fund will be managed by Dan Carter who is currently deputy manager of the fund. Whilst Mr Carter is an experienced manager, we are keen to meet with him to understand his views and gain reassurance on how he will manage the fund going forward. In the meantime we have suspended our rating, but will seek to meet with Mr Carter as soon as possible.