Jupiter AUM increases despite £1bn outflows from value funds
Value team’s assets shrunk from £8.5bn to £7.5bn over three months to the end of March
Value team’s assets shrunk from £8.5bn to £7.5bn over three months to the end of March
JOHCM’s share disposal reduces ‘irrevocable undertaking’ support bid down to 23.1%
The report notes passives’ popularity and flows into fixed income and transition strategies
The UK boutique will become its 10th partner as the firm expands into Europe
Only 4% of gold is currently traceable, posing ‘serious ESG risks’ to investors
Monika Calay was previously director of passive strategies research
Kepler Trust Intelligence comments on trust’s prospects
Trust’s board said it would be minded to recommend the proposal to shareholders if a firm offer was made
Key events for UK wealth managers for the week starting 22 April
Voting period takes place over six weeks starting 19 April
He will join Rory Bateman in overseeing the all firm’s investment teams
The move follows Ben Whitmore’s exit from Jupiter, which ‘introduces potential risks’