Consolidation set to move up asset management agenda
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
Simon Somerville has left Jupiter Fund management after 11 years as manager of the firm’s Japan Income fund.
Britain leaving the European Union and sluggish global growth top the list of fears among wealth managers according to a survey by Jupiter.
Investors’ insatiable appetite for income held sway in terms of fund flows through the ISA season, according to data from FundsNetwork.
Unfavourable market conditions failed to offset flows into Jupiter Funds, the firm said on Wednesday.
The Jupiter Global Trust is changing its manager, with Steve Davies taking over from Richard Curling.
Jason Pidcock’s new Jupiter Asian Income Fund launches on Wednesday, following a forced leave of absence engendered by his departure from his former employer, Newton Asset Management.
A more than 100% increase in net inflows for the full year to 2015, saw Jupiter Fund Management report a rise in total assets under management to £35.7bn from £31.9bn.
Henderson and Fidelity top the 2016 FE Alpha Manager list with ten Alpha Managers each, while Schroders and Jupiter secured eight and seven respectively.
Ariel Bezalel, manager of the Jupiter Dynamic Bond Fund, has been migrating his portfolio to a more defensive posture.
Chris Watt is to leave Jupiter to join Aberforth Partners, Jupiter has confirmed.
Philip Johnson, CFO at Jupiter Fund Management, has announced his resignation from the role.