Jupiter Global trust set for mandate change under new manager Davies

If the proposals are approved, Davies (pictured) will replace Richard Curling, who will continue to run the Jupiter Fund of Investment Trusts, the Jupiter Monthly Income fund and institutional assets, as well as the Jupiter UK Alpha fund. The board said the trust will move from its current mixed investment portfolio of UK stocks and global funds to a more focused UK growth strategy, mirroring that of Davies' £1.6bn UK Growth fund but in a geared, closed-ended format. The name of the trust, which was launched in 1972 as the Primadona Growth trust, is also set to change to the Jupiter U...