JPMorgan Mid Cap Investment Trust joint fund manager William Meadon will be standing down following the annual general meeting on 28 October 2014.

He has has been joint manager of the company since May 2009 and the board said it was extremely grateful to him for his wise counsel over the past five years and the significant contribution he had made to the company over that period.

Georgina Brittain was appointed joint fund manager in March 2012 as part of a planned succession.

Brittain will continue to be assisted by Katen Patel.

Patel has been working with Brittain since he joined J.P.Morgan Asset Management in April 2013. Previously he had been a small and mid cap equity specialist at HSBC for seven years.

At 9:44am: (LON:JMF) JPMorgan Mid Cap Investment Trust Plc share price was +5.25p at 768.25p