Jupiter Asset Management has announced that the manager of the Jupiter European Special Situations and JGF Jupiter European Opportunities funds, Cedric de Fonclare, will be leaving the firm at the end of May 2020. The management of the funds will be transitioned to Mark Nichols and Mark Heslop, who invest in this region with a different investment approach to Mr de Fonclare. We have therefore taken the decision to remove our ratings of both funds given the impending change of management. We wish Mr de Fonclare all the best.
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