Simon Knott to retire as Rights and Issues passes to Jupiter's Dan Nickols

Steps back after 39 years

clock • 2 min read
New lead manager of the trust Dan Nickols

New lead manager of the trust Dan Nickols

Rights and Issues veteran Simon Knott will retire in September 2022 after four decades running the UK smaller companies trust, with management of the vehicle passing to Jupiter Unit Trust Managers.

Dan Nickols will take on lead management of the fund, supported by Matt Cable, as the trust abandons its current structure as a self-managed alternative investment fund from 1 September. David Bramwell, the trust's chair, said: "Simon has produced outstanding returns for shareholders over the period of his tenure, with the net asset value per share of the company increasing 10,371% compared with a return of the FTSE All-Share index of 610%. "We are very pleased that Simon will remain a non-executive director of the company following his retirement as investment manager. At the same ti...

To continue reading this article...

Join Investment Week

  • 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


More on Investment Trusts

Robertson joins David Walton, who has been lead manager of the fund since 2013

Marlborough hires veteran analyst Steve Robertson

European Special Situations fund

Elliot Gulliver-Needham
clock 18 August 2022 • 1 min read
Alex Bibani

Allianz GI takes on PM for $2.5bn sustainability fund

Alex Bibani from Sarasin & Partners

clock 16 August 2022 • 1 min read
The investment team will continue to be led by managing director Robert Vaudry.

Copia Capital looks to abrdn for half of management duo

Peter Wasko joins

clock 16 August 2022 • 1 min read