JPMAM’s head of investment trusts Barron leaves group

JPMorgan Asset Management’s (JPMAM) head of investment trusts David Barron has left the company to take time out of the industry.

Mr Barron, who joined JPMorgan in 2001, was responsible for the group’s £6.6bn investment trust business which comprises 21 trusts. The company said he was not going to a rival business but was taking time out from the industry.

Jasper Berens, head of UK funds at JPMAM thanked Mr Barron for building its investment trust business to a “leading position”.

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“David’s successor will be announced in due course,” Mr Berens added.