5 Year Performer: Jupiter's Laurie Petar

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Laurie Petar says he blends experience of the industry, a core holding of 10 trusts and backing people he knows well and 'who are cleverer than me', to outperform the markets

Laurie Petar has been managing the Jupiter Fund of Investment trusts for ten years, but has known many of the trusts he deals with for much longer due to his former life as a broker. Before joining Jupiter in 1999 Petar worked at UBS and HSBC broking investment trusts and running a broking team. He has followed many of his holdings since they were launched. The Jupiter Fund of Investment Trusts, which has grown 20.6pc over five years compared to a sector rise of 11.8pc, has a fairly low turnover as Petar likes to hold on to his top ten trusts, which form around 40pc of the portfolio, an...

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