Jupiter's Petar seeks out trusts that offer value over growth

Investment trusts with a value bias are likely to continue outperforming, according to Jupiter Fund of Investment Trusts manager Laurie Petar. The manager of the £62.2m fund of investment trusts has been trimming his exposure to global generalist trusts in favour of value specialists and those with a small cap bias. 'Markets are still going to be tricky for the next couple of years ' there are a lot of uncertainties out there and for that you need a value-based portfolio rather than a growth-based one,' he said. Trusts on wide discounts, holding high cash levels or holding stocks on l...