Company
Jupiter Fund Management PLC
LON:JUP
Jupiter is an established fund management group that seeks to add value for our clients through the delivery of outperformance over the medium to long term. Our origins go back to 1985 as a specialist investment boutique founded in London. Since then we have expanded beyond the UK as retail and institutional investors have been attracted to our active approach to asset management.
63 stories
Jupiter Fund Management cuts fees as outflows surge
Shares fell to a five-year low on the news
Jupiter Fund Management soars as inflows turn positive for first time in six years
Jupiter Fund Management rose 14% after announcing positive inflows for the first time in six years
Investments and investor services
Goldman Sachs shows private market is not dead after Jupiter shuns unlisted investments
The UK fund manager's decision says more about open-ended unit trust than it does about private equity investing
Klarna valuation slump drags on unicorn fund Chrysalis
Based on its valuation in March, Klarna was the second-largest investment in Chrysalis’s fund portfolio, representing 19% of net asset value
Jupiter Fund Management boss Formica to leave in autumn
“We have made the right strategic changes to put Jupiter on the best trajectory to long term growth,” said CEO-in-waiting Matthew Beesley
Jupiter Fund Management ebbs after tough first quarter of 2022
"We saw a 'risk off' environment across both equities and fixed income," Jupiter said in its first-quarter trading statement
Jupiter Fund Management sees bigger than expected outflows
Positive net inflows from fixed income strategies were offset by continuing lower client demand for UK and European equity strategies.
Jupiter Fund Management higher after performance fees exceed expectations
Jupiter branded strategies recorded three consecutive quarters of positive net flows while the July acquisition of Merian has delivered bigger synergies than expected
Jupiter Funds says Merian fully integrated with £1bn of net outflows in third quarter
Assets under management at the end of September 2020 were £55.7bn, up from £39.2bn at the end of June
Low interest rates will drive continued strong fund inflows, UBS analysts predict
Analysts said retail inflows are positive for asset managers as they boost earnings and are positively correlated to the valuation multiples that the market applies
Jupiter Fund Management presses on with Merian deal after AUM tumbles
Coronavirus has moved metrics of the merger in terms of margin and earnings improvements
Investments and investor services
Balance of coronavirus risks for fund managers 'to the upside' — if markets don't fall further
Analysts at Barclays said even after downgrading earnings forecasts, most asset managers’ shares are still trading below their longer-term multiples
Investments and investor services
Coronavirus sparks record UK investor outflows; but passives sit back and enjoy inflows
Investors withdrew £3.1bn worth of fund holdings last month, three times the previous worst month
Jupiter knocked to ‘sell’ as Berenberg warns on ‘difficult market backdrop’
The bank said the asset manager’s retail focus and high equity exposure meant it was “particularly susceptible to a deterioration in investor sentiment”
Jupiter profits fall less than expected after exit of star manager
The total dividend of 17.1p was down 40% compared to the prior year in light of the fund manager's proposed £370mln acquisition of Merian Global Investors
Jupiter ascends as investors applaud Merian Global buy
Merian has £22.4bn under management and will significantly diversify Jupiter’s business
Jupiter hit by £1.3bn of outflows as Darwall departs
Assets were down £0.8bn over the three months to September and £2.6bn down over 12 months
Archive
FTSE 100 closes firmly higher as traders upbeat on US, China trade, possible Brexit deal
The UK's blue-chip benchmark closed 60.72 points up at 7,247.08 on the day. On the week as a whole, it added nearly 1.3%
Investments and investor services
FTSE 100 closes lower but BP top gainer after Q2 results beat expectations
The FTSE 100 index closed 39.84 points lower on the day at 7,646, while the midcap FTSE 250 index plunged almost 112 points to close at 19,774
Archive
Greggs on a roll after vegan success but can it keep up the momentum?
Greggs, Reckitt Benckiser and Provident Financial are among the companies reporting results on Tuesday
Archive
Week ahead preview: Lloyds, Barclays, RBS, BT Group, BoE and US Fed
It will be a busy week for markets with a barrage of corporate earnings and interest rates decisions from the Bank of England and the US Federal Reserve.
Jupiter's top European fund manager leaves to set up own business
Alexander Darwall has agreed not to compete with Jupiter’s open-ended funds for two years
City broker upgrades Jupiter Fund Management after pinching one of Woodford’s contracts
Last week, Jupiter won the contract to run the £300mln Omnis Income & Growth fund after Neil Woodford was dropped as manager following the recent suspension of his flagship fund
Investor rebellions in store for Lloyds, Metro Bank and G4S meetings
Ahead of Metro Bank's AGM, American founder Vernon Hill urged investors to “meet with the directors and express your views by attending, raising questions and voting”
Jupiter nabs new finance chief from rival Schroders
Wayne Mepham takes up his new role on 2 September and will also join Jupiter's board
UBS downgrades Jupiter as key portfolio manager steps aside
Research by the Swiss bank find departures of experienced portfolio manager around Europe led to their former funds suffering an average 15% of net outflows over the following 12 months
Jupiter Fund Management sees assets rise despite outflow
European Equities and the Fund of Funds saw the majority of the outflows
Archive
FTSE 100 closes in red as China manufacturing data sends chill
The UK's premier share index shed over 22 points at 7,418, while the FTSE 250 shed over 86 points at 19,824
Archive
Impressive first quarter performance needed from oil giant BP after recent share price rally
The Day Ahead also brings updates from the likes of blue-chip lender Standard Chartered, Premier Inn owner Whitbread and pubs group Greene King
Jupiter Fund Management shares boosted by UBS upgrade
UBS said its views Jupiter as a well-run assets manager but its key weakness has been its concentrated reliance of a small number of funds for flows and growth
Jupiter Fund Management profits and assets fall as Brexit uncertainty hurts investor sentiment
Jupiter Fund Management lowered its dividend by 13% to 28.5p each
FTSE 100 closes down on week but higher on Friday as trader optimism returns
Footsie closed the day 32 points up, or 0.45% at 7,106
Archive
City set for surprisingly busy Friday with WPP, Rightmove and William Hill all due up
Fridays are normally quiet affairs in the City, but not this week…
RSA poaches Jupiter Fund Management finance chief for CFO role
The FTSE 250 insurer said that Charlotte Jones would take up the role in August, upon which she would leave her role at Jupiter
Jupiter Fund Management names former Henderson boss Andrew Formica as CEO from 1 March
Formica was, until 2018, the co-CEO of Janus Henderson Group having previously been the chief executive of Henderson Group between 2008 and its merger with Janus Capital in 2017
Jupiter Fund Mgmt. gains although assets under management fall, net outflows increase in fourth quarter
In a brief fourth-quarter trading update, the FTSE 250-listed investment firm said its AuM as at 31 December 2018 were £42.7bn, down from £47.7bn at the end of September
Schroders posts increase in third quarter assets, led by institutional demand
The recent performance of assets managers has been mixed as Brexit uncertainty and concerns global trade and political tensions weigh on investor sentiment
Jupiter and Hargreaves Lansdown results underline impact of weaker investor sentiment
Brexit uncertainty and concerns over growing global political and trade tensions have weighed on investor confidence recently
Jupiter Fund Management sees bigger than expected first-half net fund outflows, says operating environment challenging
The FTSE 250-listed firm revealed net outflows of £2.3bn in the six months to June 30, having notched up net inflows of £3.6bn in the same period a year earlier
FTSE 100 closes higher, boosted by earnings and weaker pound
In London, FTSE 100 added over 38 points to finish at 7,701 - that was up on the week too, marginally - by 0.29%.
Archive
BT investors 'flying blind' as it reports first quarter results without net adds
Jefferies reckons the key focus for BT's quarterly results will be on the business and public sector division following a poor performance last year
Investments and investor services
Ashmore has a strong fund performance track record, says Barclays
Barclays has upgraded its recommendation on Ashmore but downgraded Jupiter in a note to investors on European asset managers
Jupiter Fund Management dives after tough first quarter
Jupiter continues to target further diversification by product, client type and geographic reach as the driver for continued growth in its business
Investments and investor services
FTSE 100 closes firmly higher as metals prices, sterling help
FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
Archive
Bunzl expected to report solid organic sales growth
Updates are expected from Bunzl, Countryside Properties and Jupiter Fund Management, among others
Archive
High street issues to the fore as Debenhams, JD Sports, and Primark owner AB Foods provide updates
Week Ahead includes trading statements from Primark owner Associated British Foods, Debenhams, and JD Sports, plus Q1 numbers from Unilever, Reckitt Benckiser and Rentokil Initial
Schroders posts strong full-year results, boosted by market gains, acquisitions, fund inflows
The blue-chip fund manager reported a 23% jump in 2017 pre-tax profit to £760.2mln, up from £618.1mln and above the consensus forecast for £728.5mln
Investments and investor services
FTSE 100 closes in red as Powell's hawkish tone gives traders jitters
New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
UBS downgrades Jupiter Fund Management to ‘sell’ as it expects shares to suffer a de-rating
UBS said they downgraded Jupiter’s rating because they expect lower inflows as a result of the recent outflows from the company’s Dynamic Bond fund
Archive
Standard Chartered to take the bow for banking results, as Persimmon starts for the housebuilders
Day ahead includes a welter of blue chip results from the likes of Standard Chartered PLC, Persimmon PLC, Direct Line Group, and GKN PLC
HSBC cuts target price on insurers RSA, Admiral and Aviva amid market challenges and reforms
Insurers have been affected by inflation for so-called ‘escape of water’ claims for water damage in homes, while the market remains competitive
Jupiter Fund Management sees strong inflow of funds in the third quarter
The company had been in the news earlier this week after reporting pulling close to £300mln from the flagship income fund run by star stock picker Neil Woodford.
FTSE 100 closes lower ahead of FOMC minutes
The FTSE 100 index closed down 4.46 at 7,533, below the session peak of 7,550.17 but above the low of 7,519.60