Change of portfolio manager
July 01 2010 - 10:22AM
UK Regulatory
TIDMCPE
RNS Number : 6693O
Charter European Trust plc
01 July 2010
Charter European Trust plc
Change of portfolio manager
1 July 2010
Charter European Trust plc (the "Company") announces that, from today, Neil
Dwane will be the Company's portfolio manager. Neil is currently RCM's Chief
Investment Officer for Europe, having joined in 2001 from JP Morgan Investment
Management. He has previously managed investment trusts at Flemings and RCM, as
well as currently managing several focused European accounts.
Mark Lovett, the Company's former portfolio manager, has accepted a role with
another fund management company. The Board would like to thank Mark for his
contribution to the Company's strong performance in recent years.
The Company's investment approach, which uses fundamental research to build a
focused portfolio of attractive European shares, remains unchanged. The Company
will continue to concentrate primarily on the growth prospects of individual
shares rather than country weightings or benchmarks.
Neil leads the European fund management team at RCM, which has contributed to
the Company's excellent performance in recent years, and has been the deputy
portfolio manager for the Company since 2004.
The Board of Charter European welcomes Neil as our portfolio manager where he
will continue to manage the portfolio in its current high conviction way.
Giles Weaver
Chairman
For further information please contact:
Simon White, Head of Investment Trusts
RCM (UK) Limited
Tel: 020 7065 1539
This information is provided by RNS
The company news service from the London Stock Exchange
END
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