JPMorgan European Discovery Trust Sees Positive Performance

Edison Investment Research released a report on JPMorgan European Discovery Trust (JEDT), highlighting its investments in European small-cap companies, excluding the UK. The trust aims to invest in early-stage smaller companies with promising growth potential and improved operational performance.

New managers Jon Ingram, Jack Featherby, and Jules Bloch have adjusted the portfolio to manage risks from geopolitical and macroeconomic fluctuations, leading to noticeable performance improvements. As of June 30, 2025, JEDT outperformed the market over one, three, and five years, ranking as the top performer among peers over the year.

The managers pointed to Germany’s infrastructure investments and increased European defense spending as factors likely to benefit European small caps positively. They express optimism about the sector's prospects and their portfolio's future.