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JPM Europe Smaller Companies

Ranked 18 out of 20 in - European Small & Medium Companies over 12 months
All calculations are in GBP

Managed by

Francesco Conte

JP Morgan Asset Management’s European Smaller Companies specialist Francesco Conte has been managing funds for the group since joining in 1998. Conte began his career at specialist mergers and acquisitions boutique Ermgassen and Co. as an associate specialising in cross-border alliances. After a three-year stint he moved to Schroder Securities in 1993 taking on the role of lead sell-side analyst in the Italian equities team. At JP Morgan, Conte runs approximately €2 billion including the JPM Europe Small Cap fund. Born in Trapani, Italy, in 1966, Conte holds a degree in Economics with a focus on International Trade and Development from the London School of Economics. He keeps fit by running regularly and enjoys relaxing at the cinema or at home with a good book.

Jim Campbell

Scotsman Jim Campbell studied Economics and Law at Edinburgh University before entering the financial world. In 1988 he began a seven-year stint at Ivory & Sime where he worked as an investment manager for UK and European Smaller Companies. He subsequently switched to JP Morgan Asset Management in 1995. At JP Morgan, Campbell works closely with colleague Francesco Conte. The duo employ a mixture of bottom up, value and growth stock selection styles in their management of a selection of funds which includes the UK-domiciled JPM Europe Smaller Companies fund. They also claim responsibility for the JPM Europe Small Cap and JPM Europe Recovery SICAVs as well as a variety of segregated mandates. Campbell is a keen football fan who keeps fit with regular trips to the gym.

Objective

To provide long-term capital growth by investing primarily in European smaller companies. European smaller companies are companies that are incorporated under the laws of, and have their registered office in, Europe (excluding the UK), or that derive the predominant part of their economic activity from Europe (excluding the UK), even if listed elsewhere. Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.

Performance

European Small & Medium Companies over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -10.6% 5.7% -6.7% -9.4%
2013 41.9% 12.2% 3.1% 11.0% 10.5%
2012 10.1% 7.4% -11.6% 8.0% 7.4%
2011 -25.8% 1.9% -1.2% -24.4% -2.6%
2010 27.9% 9.6% -12.9% 15.2% 16.3%
2009 27.9% -15.1% 12.5% 32.7% 0.9%
2008 -36.9% -6.1% -4.2% -21.0% -11.1%
2007 10.0% 10.8% 5.9% -4.3% -2.1%
2006 31.2% 22.6% -6.6% 1.2% 13.2%
2005 40.4% 8.7% 7.4% 17.6% 2.3%
2004 29.9% 3.6% 5.1% 4.3% 14.5%
2003 39.3% -4.2% 15.7% 11.9% 12.3%
2002 -16.0% 8.1% -2.4% -22.8% 3.2%
2001 -33.5% -17.0% -5.0% -24.6% 11.9%
2000 7.1% 39.6% -13.0% 1.9% -13.5%
1999 69.2% -2.6% 8.0% 0.6% 59.9%
1998 26.0% 23.2% 12.7% -19.4% 12.6%
1997 8.2% 9.6% -0.7% 9.5% -9.3%
1996 19.7% 17.7% 7.2% -1.8% -3.5%
1995 2.5% 3.7% -1.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/01/2011

Top 10 Holdings

Stock Size
Ubisoft Entertainment SA ORD 2.64
Sacyr SA ORD 2.16
Aareal Bank AG ORD 2.14
Drillisch AG ORD 2.13
Jazztel PLC ORD 2.10
Tgs Nopec Geophysical Company ASA ORD 2.00
Saft Groupe SA ORD 1.92
Geox SpA ORD 1.85
Altran Technologies SA ORD 1.72
Bechtle AG ORD 1.67
31/05/2014

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date09/02/1990
  • Share Class size90Mn
  • Base currencyGBP
  • ISIN GB0030881006

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment100

Charges

  • Annual management1.5%
  • Initial investment3

Related News

Fund Manager of the Day: AAA-rated Jim Campbell, JP Morgan

Jim Campbell joined JP Morgan Asset Management in 1995 and currently heads the pan-European Smaller Companies team.

JPMF's Campbell reaps reward for value approach on Euro Small caps

Citywire A-rated Jim Campbell, manager of the JP Morgan Fleming Europe Smaller Companies fund, believes his peers' preoccupation with growth stocks is holding their performance back.

Hollyman quits JPMF

Respected fund manager and small-cap expert Ross Hollyman has quit JPMF Asset Management for an unknown destination.

JPMF's Campbell 'very optimistic'

JPMF European small-cap expert Jim Campbell says markets are set for a sharp upward correction soon, reports Laurence Fletcher.

Global markets - Europe: Paddy Power crashes onwards

Stockmarket investment is always a gamble but gaming company Power Leisure seems to be a safer bet than most, writes Meera Selva.

Campbell gives up on sector picking

There is going to be no easy way to pick growth sectors this year, according to respected European fund manager Jim Campbell.

Global markets - Europe: LVMH goes for the high, high-end

French luxury giant LVMH has been riding high on its provision of luggage, champagne, make up and anything else exclusive to the world’s jet-set, but it has to rethink its strategy, writes Meera Selva.

JPMF to rationalise unit trusts

Andrew Spencer, respected fund manager at JP Morgan Fleming, will soon run close to £1 billion in a newly created giant income and growth fund - if unitholders approve the move.

Campbell clambers out of recession soup

Corporate earnings will improve in 2002, even if the world economies slide into recession, according to respected European fund manager Jim Campbell.

Markets are sturdier, says small-cap expert

Stockmarkets have become more resilient to poor corporate trading figures, according to Jim Campbell, a fund manager at JP Morgan Fleming Asset Management.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).