Following the announcement of Elena Shaftan’s impending retirement, we have placed the Jupiter JGF New Europe fund Under Review. The fund previously held a Morningstar OBSR Analyst Rating™ of Bronze. In February 2014, lead manager Elena Shaftan announced her retirement, confirming that she is committed to remaining at Jupiter for as long as necessary to ensure a smooth transition. There are plans to hire an additional team member but at present co-manager Colin Croft, who has been working with Ms Shaftan since 2006, will manage the fund with Kathryn Langridge, who was appointed to the role of co-manager with immediate effect. Ms Langridge has managed Jupiter’s Global Emerging Markets fund since it was launched in October 2010. She has extensive experience investing in global emerging markets. We will be meeting with the co-managers in the coming weeks to understand their plans for the fund. Until then, the rating is Under Review.
See the latest Morningstar OBSR fund rating news here.
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