Mid and small caps hurt green trust

Rotation out of small- and mid-cap stocks hits 12-month figures on Jupiter Green trust

Growing aversion to mid- and small-cap stocks during the credit crunch has hit returns on the Jupiter Green trust. Given the strong legislative environment for the green sector, manager Charlie Thomas said the current downturn is presenting opportunities to invest in attractively valued companies with robust business models. Over 12 months to end March, the ethical vehicle returned -3.9% against benchmark performance of -7.4%. "One consequence of investor nervousness was the broad rotation out of small- and mid-sized companies, which are the main investment areas for the company, into...