Growth-to-value stock rotation causes difficult start to 2022 for Jupiter Green

75% in 'innovative companies'

Kathleen Gallagher
clock • 3 min read
Jon Wallace of Jupiter
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Jon Wallace of Jupiter

The £57m Jupiter Green fund has had a difficult start to the year, dropping 11% in the first month, according to FE fundinfo, as it suffered during the rotation from growth to value stocks.

However, the manager, Jon Wallace, is confident that green growth companies will rebound and plans to use the period to eye up parts of the markets that he previously thought were too expensive. Jupiter Green invests in companies providing environmental solutions. While it launched in 2006, in 2020 it started pivoting to smaller companies and Wallace said it now has "a slight bias towards earlier stage growth companies". The change in investment strategy, which was approved in September 2020 and led to portfolio repositioning from then through to the first half of 2021, means the trus...

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