Following the announcement that Anis Lahlou-Abid, co-manager of the JPM Europe Dynamic (ex UK) fund will be departing the firm, we have not made any changes to our AA rating of the fund.

This fund is run by the Unconstrained Sub-Team which sits within JP Morgan's wider Behavioural Finance Team. Both long serving managers, Jon Ingram and Blake Crawford, remain in situ and the firm have added Alexander Whyte, who is also a member of the Unconstrained Sub-Team, as a replacement for Mr Lahlou-Abid. We view Mr Whyte's appointment as a sensible move and do not foresee a departure from the philosophy or process employed.