Following the announcement that Ian McVeigh will step away from co-management of this fund on the 1st of May, we have placed the Jupiter UK Growth fund Under Review. The fund previously held a Morningstar Analyst Rating™ of Silver. Our Silver rating of this fund was partly predicated on the benefits arising from a strong management pairing in McVeigh and Steve Davies. While we have regard for Davies stock picking ability the fund no longer benefits from their collective investment experience. We will be meeting with Steve Davies in the coming weeks to discuss his plans for the management of the fund going forward.
See the latest Morningstar OBSR fund rating news here.
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