Ehrmann builds on success

Jupiter China manager remains extremely bullish after doubling money over first year

The runaway Chinese market has been the investment story of the last 12 months. The four best-performing funds in the open-ended universe invest in the Asian market and all have delivered 80%-plus returns. Among them is Phillip Ehrmann, who reached his one-year anniversary last week, running Jupiter China. The former Gartmore manager has generated a 101.2% return over one year to 23 October, the second best return behind his former protégé Charlie Awdry. His investment process is similar to other Jupiter managers in that he takes top-down thematic positions, mixed with a bottom-up stock...