Paterson to stay away

Adrian Paterson, former manager of the Jupiter Primadona investment trust and the UK smaller companies and UK Growth Exempt unit trusts, will not return to the group for at least another nine months. He handed over responsibilities on the portfolios on 1 January with the stated intention of travelling for six months. He is now embarking on travelling for another nine months and will discuss his future with Jupiter on his return. Primadona is now being managed by Justin Seager while Rebecca Clifton has taken over the UK small cap fund and Kenneth Warnock the UK Growth Exempt unit trust.