billions flow to developed equity funds
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).
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.
James Clunie has been named as the new manager of the Jupiter Absolute Return Fund, ahead of the retirement of current manager and firm stalwart Philip Gibbs.
Jupiter Asset Management has appointed Andrej Brodnik to head its sales operations in Germany, Austria and Switzerland.
Mike Buhl-Nielsen and Stephen Pearson have switched roles on the Jupiter Europa Sicav as Pearson’s responsibilities increase in his role of deputy CIO.
Jupiter Investment Management has confirmed that offshore sales director Simon O'Donoghue has left the business.
RDR implementation and the partial loss of a mandate resulted in a subdued opening quarter for Jupiter Asset Management, as the firm reported net inflows of £209m for Q1 2013.
The amount of money run by Jupiter Fund Management jumped by more than 5% after strong inflows during the fourth quarter.
Jupiter's head of UK equities Anthony Nutt is to retire in 2014, passing on his £1.9bn Income Trust to Ben Whitmore on 1 January next year.
UK-based asset management company Jupiter has announced plans to expand its Asian operations, as it reveals slowing inflows in a challenging European market.
Jupiter Asset Management has launched the Jupiter Dynamic Bond Fund for manager, Ariel Bezalel.
Jupiter has launched an onshore Strategic Reserve Fund for Miles Geldard and Lee Manzi, the multi-asset specialists that joined from RWC Partners approximately two years ago.