Manager of JP Morgan Japan Small Cap Growth & Income departs

led strategy for more than 18 years

Eiji Saito, lead portfolio manager of the £268.1m JP Morgan Japan Small Cap Growth & Income trust, is leaving the industry to pursue a degree in law.

Saito, who has been in the industry for 26 years and led the strategy for 18 years, will be replaced by Miyako Urabe. Urabe has been in the industry for 14 years, including nine with JP Morgan. She has been a named manager on the multi-cap Japan Growth Unconstrained strategy since 2015. She will be joined by Xuming Tao who was recruited to the team in 2019 and Nao Ozawa will continue as a portfolio manager. Deep Dive: Japan is turning over a new leaf Meanwhile, Michiko Sakai will leave the team to focus on the JPM Japan Sustainable strategy responsibilities. "The board would ...