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JPMorgan Global Growth & Income PLC - London-based, FTSE 250-listed investment trust - Adds Sam Witherow to the existing portfolio manager team, following its announcement from July that Portfolio Manager Tim Woodhouse would be stepping down at the end of September. Witherow is set to work with the other two portfolio managers, Helge Skibeli and James Cook, said the trust. Adds that its investment process and objective will not be altered. Notes Witherow’s experience as a portfolio manager within JPMorgan Asset Management International Equity Group, managing Global Equity Income strategies.
‘The board welcomes Sam’s appointment and we look forward to working with Sam alongside the other members of the company’s investment management team in seeking to deliver strong long-term returns to shareholders. We also wish to extend our gratitude to Tim for his significant contribution to the management of the company’s portfolio during his tenure and wish him the very best in his new role within JPMorgan Asset Management,’ says Chair James Macpherson.
Current stock price: 561.44, down 0.5% on Wednesday morning in London
12-month change: up 2.1%
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