fresh thinking at the reins

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Since its late-Eighties launch, Jupiter's UK Growth portfolio has experienced mixed fortunes. Kira Nickerson discovers how the fund has fared with Ian McVeigh in control

In the near two decades of its existence, the £1.3bn Jupiter UK Growth portfolio has had a varied history - with four distinct fund manag-ers: Leonard Licht, Edward Bonham Carter, Justin Seager and Ian McVeigh. Yet through the years it has remained a core investment fund, although its strong bias towards growth stocks at the beginning of this century and through the bear market years caused it to sit at the bottom of the performance tables for a number of years. Since then, and from when McVeigh took over the fund in 2003 from former Dresdner manager Seager, it has rebounded and is top quar...

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