Jupiter has achieved authorisation to distribute the Jupiter Global Fund Sicav in two additional European countries – Portugal and the Netherlands. This development gives Dutch and Portuguese professional investors’ access to Jupiter’s highly regarded fund management expertise.
Jupiter is a highly respected UK fund management group with GBP24.1 billion in funds under management, primarily in global equities and bonds. The Company has a strong investment culture, allowing its fund managers to pursue their own individual investment approaches. It is this approach that has helped the Company build a strong track record of investment outperformance.
The number of funds available through the Jupiter Global Fund, a Luxembourg- domiciled Sicav, has doubled from seven sub funds three years ago to fourteen and includes Jupiter European Growth, Jupiter European Opportunities, Jupiter India Select, Jupiter New Europe and Jupiter Japan Select. This focus on growing the Sicav confirms Jupiter’s commitment to increasing its international presence. The Jupiter Global Fund has some GBP1.1 billion under management, and has already been registered in a number of jurisdictions worldwide.
Jupiter has won over 50 awards in the UK for its fund management expertise in the past three years. More recently, several of Jupiter’s fund managers have recently been recognised outside of the UK for their strong track records. In Germany’s Sauren awards, for example, Alexander Darwall recently won the Sauren Golden award 2010 for European equity management and two gold medals for excellent fund management in the Equity Europe including UK sector. Emerging European manager Elena Shaftan and European manager Cedric de Fonclare won two gold medals each for outstanding fund management. In addition, Philip Gibbs won a total of six gold medals for outstanding fund management in two categories – Equity Financials and Absolute Return.
Kevin Scott, Executive Director International at Jupiter, says: “We have made good progress in building our international presence and are particularly keen to expand our reach in Europe beyond the core markets of Germany, France and Switzerland. The new registrations in Holland and Portugal are part of this drive, and we look forward to working with the professional wealth managers and pension fund advisers who will be important in helping us to build Jupiter’s reputation in these markets.
“Our audience of professional buyers are discerning and seek managers with exceptional stock picking talents who operate within a financially sound but flexible framework. Jupiter is a position to fulfil these requirements and we look forward to further developing our relationships with them.”