Barakos to step back from JPM Europe Equity Absolute Alpha fund

Matt Jones added

clock • 1 min read

JPM fund manager, Michael Barakos, has stepped back from the team that manages the JPMorgan Funds - Europe Equity Absolute Alpha fund, a spokesperson confirmed with Investment Week.

He has been at the helm of the €46.2m fund since it launched in 2013. Nicholas Hoarne and Ben Stapely will remain on the fund, joined by Matt Jones as the third manager.  According to JPM, the move to name Jones as a manager on the fund was part of a "natural progression" in the firm.  TISA chief executive David Dalton-Brown to step down The Luxembourg-domiciled SICAV fund, which targets a total return through long and short investments in European companies, has returned 27.9% over five years, compared with a sector average of 7.4%, according to FE fundinfo data. Over one year, th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

European Central Bank on track for June rate cut as key inflation metric eases

European Central Bank on track for June rate cut as key inflation metric eases

Services prices decelerate in April

Valeria Martinez
clock 30 April 2024 • 1 min read
FundCalibre's Schooling Latter: The shifting sentiment in Europe

FundCalibre's Schooling Latter: The shifting sentiment in Europe

Portfolio picks

Juliet Schooling Latter
clock 27 March 2024 • 4 min read
Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Services price inflation remains sticky

Valeria Martinez
clock 01 February 2024 • 1 min read
Trustpilot