Starting again in 2022, Jupiter started a firmwide fund overhaul, primarily concentrating on “subscale” portfolios with lower than £100m of property underneath administration throughout its total asset class combine.
In a letter to shareholders of the Jupiter UK Smaller Firms Fairness fund, the agency mentioned it was proposing a merger of it into the Jupiter UK Smaller Firms mandate because of the “materially related” mandates, with 92% crossover within the funds’ underlying property.
Jupiter poaches European fairness crew from GAM Investments
The UK Smaller Firms Fairness fund was based in 1999 and presently has £91.9m…