JPMorgan European Smaller Companies Trust Plc operates in the Investment offices sector. JPMorgan European Smaller Companies Trust plc, formerly JPMorgan European Fledgeling Investment Trust plc, focuses to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom. The investment universe is defined at the time of purchase by the countries and market capitalization range of the constituents of the benchmark index, which, as of March 2010, consisted of 1,000 companies with a market value of between ?59 million and ?2.5 billion across 15 countries. The Company cannot invest more than 15% of its assets in any one investment, at the time of acquisition. It does not normally invest in unquoted investments. As of March 31, 2010, the Company's 10 largest investments were Dufry, Kudelski, Sorin, Trevi Finanziaria Industriale, Piaggio & C, D'Ieteren, ASM International, Koninklijke Ten Cate, Bucher Industries and Mediq. The Company's investment manager is JPMorgan Asset Management (UK) Limited. In our complete report available for purchase the company is compared to: The European Investment Trust Plc, Edinburgh UK Tracker Trust plc and Worldwide Healthcare Trust Plc.