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JPMorgan European Discovery

British investment trust From Wikipedia, the free encyclopedia

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JPMorgan European Discovery (LSE: JEDT) is a large British investment trust, dedicated to investments in smaller European companies.[1] The Chairman is Marc van Gelder.[2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[3]

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History

The company was established as the Fleming European Fledgeling Investment Trust under the management of Robert Fleming & Co. in 1990. After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[4] and Chase Manhattan merged with J.P. Morgan & Co. in December 2000,[5] it was brought under the management of J.P. Morgan & Co. It changed its name to the JPMorgan Fleming European Fledgeling Investment Trust in 2002 and then, following JPMorgan's decision to drop the Fleming brand,[6][7] it became the JPMorgan European Fledgeling Investment Trust in 2006. It went on to become the JPMorgan European Smaller Companies Trust in 2010,[8] and adopted its current name on 15 June 2021.[9]

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References

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