Statement re acquisition of Winslow by Brown Ad...
Jupiter Green Investment Trust plc
Winslow acquired by Brown Advisory Holdings
We announce that Winslow Management Company, LLC ('Winslow'), the
Boston-based investment advisory firm which is sub-contracted to
advise Jupiter Asset Management on the US and Canadian investment
portfolios of Jupiter Green Investment Trust plc, has recently signed
a definitive agreement pursuant to which Winslow will join Brown
Advisory Holdings, Incorporated (Brown Advisory), a full-service
investment firm with principal offices in Baltimore, Washington,
D.C., and London. Winslow has a strong working relationship with
Brown that spans more than a decade and very much looks forward to
joining the Brown family. In Brown Advisory, Winslow are gaining a
partner with whom they believe they share a similar culture and
similar values.
Brown Advisory is an independent firm owned primarily by its partners
and directors.
Since its founding as an affiliate of Alex. Brown & Sons in 1993, the
firm has grown substantially and now has approximately US$14 billion
in client assets and an extensive, in-house investment team of nearly
40 professionals.
The management team at Brown Advisory fully embraces Winslow's
environmental investment philosophy, and they are dedicated to
supporting Winslow's pursuit of its green investment strategy. As
such, Winslow's mission remains the same. Winslow will operate as a
separate investment division, with the investment team unchanged, and
Winslow will continue to offer the same green investment products and
portfolio management services to their clients.
The management team at Brown Advisory has been very enthusiastic
about the concept of "Brown going green." Brown and Winslow plan to
work together to develop new ways to offer green investing to its
combined client constituency and expect an immediate benefit from
collaboration between research teams. Over time Winslow look forward
to creating new products, services, and strategies that leverage the
strengths of the respective organizations. It is anticipated that the
change in ownership of Winslow Management Company, LLC will be
effective 31 March 2009.
The Board is pleased to confirm that its relationship with Winslow
will remain unchanged.
On behalf of the Board
16 March 2009
Enquiries:
Richard Pavry
Director, Jupiter Asset Management Limited
rpavry@jupiter-group.co.uk
020 7314 4822
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