After taking up the baton of Jupiter CEO from Edward Bonham Carter, Maarten Slendebroek, together with executive director Kevin Scott, is driving the global side of the business in what Slendebroek terms an ‘evolution, not revolution’ of Bonham Carter’s style.
Jupiter Asset Management has started local advertising in Hong Kong for the first time as part of group CEO Maarten Slendebroek’s business plan to build a significant presence in the region.
Jupiter has promoted Simon Hynes as global head of distribution with immediate effect.
Jupiter’s Elena Shaftan hands emerging Europe funds to Kathryn Langridge and Colin Croft with immediate effect as she turns back on industry.
Jupiter has renamed its Climate Change Solutions Fund to, as it says, “better reflect the dynamic development of the environmental sector”.
Jupiter Asset Management’s international flows lifted its Sicav AUM to £3bn at year end‚ with its total AUM up over 20% to £31.7bn.
Emirates NBD Asset Management has entered into a partnership with UK fund group Jupiter, with the latter appointed to run a number of mandates for Emirates NBD including a new fund.
F&C’s US Smaller Companies Trust could find its premium come under pressure following the resignation of Robert Siddles, who has decided to join Jupiter.
How Robert Mumby’s extensive background in financial services is paying rich dividends for Jupiter.
Jupiter’s AUM increased £3bn in the first half of the year following net mutual fund inflows of £426m, in what has been described as a period of robust performance by the firm’s chief executive.
Year to date some $153bn has gone into developed market funds while $1.4bn has come out of emerging market portfolios globally, according to global fund flow data from BofA Merrill Lynch (BofAML).
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
