Jupiter Fund Management share price jumps as it rebounds Business Jupiter Fund Management saw its share price jump in early morning trading on Thursday as it generated the first net positive inflows since 2017, amid clients improving their investment performance. The asset manager’s share price rose 8.8 per cent 204.50 pence, gaining 28.6 per cent this year to date, as it continues to rebound from [...]
Jupiter snaps up UK’s largest asset manager for non-profits Investing Jupiter Fund Management has acquired CCLA – the UK’s largest investment manager for non-profit organisations – in a bid to expand its UK reach. The deal, which values CCLA at £100m on a 100 per cent equity basis, will mark Jupiter’s entry into the non-profit investment arena. The FTSE 250 firm will add CCLA’s £15.1bn [...]
Jupiter Asset Management launches its first hedge fund Investing Asset management giant Jupiter has launched its first ever hedge fund as it seeks to reposition itself away from the group’s traditional retail audience. Aimed at professional investors with a minimum investment of £500,000, the fund marks the company’s first entry into the nearly $5 trillion hedge fund market. The fund, called GEARx, is a [...]
Jupiter Fund Management stock price upgraded by City broker May 27, 2025 Jupiter Fund Management has been upgraded from a Hold to an Add by City broker Peel Hunt, with analysts praising the group’s cost-cutting programme. The asset management giant’s stock price target was increased from 76p to 90p by the broker, sending its stock price soaring nine per cent to 89p. Peel Hunt praised “early signs [...]
Ben Whitmore: Jupiter’s former star stockpicker launches inaugural fund February 24, 2025 Star fund manager Ben Whitmore has launched his inaugural fund within his new boutique asset manager. Last year, Whitmore made a shock exit from Jupiter Asset Management, where he handled around a fifth of the firm’s assets. News of his exit sent Jupiter’s shares down nearly 15 per cent in a single day, and the fund house [...]
Jupiter loses another fund run by star stockpicker October 30, 2024 Asset manager Jupiter has lost another fund run by star stockpicker Ben Whitmore, as the mandate for an Omnis fund has been taken away from it following Whitmore’s departure. The £573m Omnis Income and Growth fund is set to be shifted to being managed by Ninety One, after being run by Whitmore since July 2019. [...]
Jupiter moves to keep control of Ben Whitmore’s fund as he heads for the exit October 24, 2024 Jupiter Asset Management has decided to hold on to the £616m fund mandate run by star manager Ben Whitmore despite attempts by him to bring the fund with him as he leaves.
Jupiter investors accelerate exodus over departure of star stock-picker July 26, 2024 London funds house Jupiter saw outflows accelerate in the first six months of the year as investors grew nervous over the departure of star stock picker Ben Whitmore. In its half year report today, the FTSE 250 investment group said it had notched total net outflows of £3.4bn in the six months to the end [...]
Jupiter to keep £500m of flagship fund after manager’s exit April 28, 2024 FTSE 250 asset manager Jupiter is set to keep nearly £500m of the funds run by the departing fund manager Ben Whitmore.
Jupiter outflows surge after star fund managers leave for new ventures April 23, 2024 Jupiter Fund Management saw significant outflows in the first quarter, thanks to the loss of Chrysalis investment trust and the unpopularity of the firm's value strategies.