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
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.
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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