Change of manager for Jupiter Growth & Income Fund
15th February 2017 - Alastair Gunn has been appointed fund manager of the Jupiter Growth & Income fund.
The fund was being managed on an interim basis by Steve Davis, following the departure of Chris Watt, who left Jupiter in early 2016.
According to Jupiter, Alastair’s investment style should be well suited to the fund. He has six years’ experience as an income and growth manager and currently manages the equity portion of the Jupiter Distribution fund range.
Alastair's approach is to identify businesses that he perceives as having genuine potential for both capital growth and increasing the amount of profit returned to shareholders in the form of dividends. He also looks for businesses that can produce and sustain strong and growing cash flows and where management has shown an ability to make the right choices when reinvesting capital into the business, pursuing mergers or acquisitions, and increasing shareholder returns.