JPMorgan European Growth & Income
| Company type | Public |
|---|---|
| Industry | Investment trust |
| Founded | 1929 |
| Headquarters | United Kingdom |
Area served | Europe |
Key people | Rita Dhut (Chairman) |
| Products | Investments |
| Website | www |
JPMorgan European Growth and Income () represents a prominent British investment trust specializing in investments across European enterprises. Originating in 1929, the trust is currently chaired by Rita Dhut and is publicly traded on the London Stock Exchange. On March 24, 2025, it secured a position within the FTSE 250 Index.
History
The entity was initially launched in 1929 under the name London and Holyrood Trust.[1] In 1982, following Robert Fleming & Co.'s appointment as manager, it was rebranded as Fleming Universal Investment Trust. A decade later, in 1992, the name changed to Fleming Continental European Investment Trust. After Robert Fleming & Co. was acquired by Chase Manhattan in April 2000,[2] and subsequent to Chase Manhattan's merger with J.P. Morgan & Co. in December of the same year,[3] management responsibilities shifted to J.P. Morgan. Expecting the discontinuation of the Fleming branding by JPMorgan,[4][5] the trust adopted the title JPMorgan Continental European Investment Trust in 2003. It was renamed again to JPMorgan European Investment Trust in 2006 before assuming its present designation in 2022.[6]