JPMorgan European Discovery
| Company type | Public |
|---|---|
| Industry | Investment trust |
| Predecessor | Fleming European Fledgeling Investment Trust |
| Founded | 1990 |
| Headquarters | United Kingdom |
Area served | Europe |
Key people | Marc van Gelder (Chairman) |
| Products | Investment trust focusing on smaller European companies |
| Parent | JPMorgan Chase & Co. |
| Website | www |
JPMorgan European Discovery () represents a prominent British investment trust that concentrates on smaller European enterprises. The current Chairman is Marc van Gelder. This trust is publicly traded on the London Stock Exchange and is included in the FTSE 250 Index.
History
The trust was originally founded in 1990 under the name Fleming European Fledgeling Investment Trust, operating within Robert Fleming & Co.. After Robert Fleming & Co. was acquired by Chase Manhattan in 2000, which subsequently merged with J.P. Morgan & Co. later that year, management transitioned to J.P. Morgan. In 2002, the trust's name was updated to JPMorgan Fleming European Fledgeling Investment Trust. When JPMorgan opted to phase out the Fleming branding, the trust was renamed JPMorgan European Fledgeling Investment Trust in 2006, followed by a change to JPMorgan European Smaller Companies Trust in 2010. The current designation, JPMorgan European Discovery, was adopted on 15 June 2021.