Portfolio Manager Change

JPMorgan Asia Growth & Income PLC

03 December 2024

 

LONDON STOCK EXCHANGE ANNOUNCEMENT

JPMORGAN ASIA GROWTH & INCOME PLC

(the 'Company')

PORTFOLIO MANAGER CHANGE

Legal Entity Identifier: 5493006R74BNJSJKCB17

The Board of JPMorgan Asia Growth & Income plc (the 'Company' or 'JAGI') has been notified that Ayaz Ebrahim will be stepping down with immediate effect after serving eight years as a Portfolio Manager. This follows his appointment as CEO for Singapore and South East Asia for JPMorgan Asset Management ('JPMorgan') earlier this year.

The Board is pleased to note that that the Company's portfolio will continue to be managed by Robert Lloyd and Pauline Ng. Robert, who is based in Hong Kong, has been the co-manager of the Company's portfolio for the last six years. Pauline, who is based in Singapore, is a highly experienced investor, with an excellent record of investing in ASEAN equities. The two portfolio managers have worked within the team for over 15 years.

The Chairman of JAGI, Sir Richard Stagg, commented:

"The Board would like to thank Ayaz for his significant contribution to the Company over the past eight years and wish him every success in his future endeavours. 

We have been impressed with the nascent partnership between Robert and Pauline and see it as hugely complementary given their locations and experience. The Board believes that JPMorgan's significant resource throughout the region is a considerable advantage when it comes to identifying world-class Asian companies extensive presence across the region, representing a significant advantage in the process of identifying attractive investment opportunities in Asia."

3rd December 2024

For further information, please contact:

Anmol Dhillon

For and on behalf of

JPMorgan Funds Limited - Company Secretary

Telephone [phone] (or [phone])

 

END