Jupiter UK Growth takes wider mid-cap position

Justin Seager is positioning the Jupiter UK Growth portfolio towards the mid-cap area of the market and away from the leaders of the FTSE 100. Speaking at the group's roadshows earlier this month, Seager told delegates that now is a time to be more positive towards the equities market. The UK Growth fund had suffered badly in the third quarter of 2001, he acknowledged, but the short-term numbers are improving. 'I had a bad year in 2001,' he said, 'as I was too early going into small caps and growth stocks.' Since then, growth stocks and the smaller end of the market have done well. ...