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Top related persons:
Schroders - 1 Calastone - 1 Peter Harrison - 1 Jefferies - 1 James's - 1 Peel Hunt - 1 Eva Mathews - 1 Savio D'Souza - 1
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British Bengaluru ZURICH Suisse's Swiss Switzerland
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Thomson - 2 Bank of England - 1 JPMorgan - 1 Jupiter Fund - 1 Peel - 1 Credit Suisse - 1 UBS - 1 Switzerland's - 1

Search resuls for: "Jupiter Fund"


5 mentions found


☆ UK's Schroders H1 assets drop in volatile markets
  + stars: | 2023-07-27 | by ( Elizabeth Howcroft Carolyn Cohn | Elizabeth Howcroft | Carolyn Cohn | ) www.reuters.com   time to read: +2 min
July 27 (Reuters) - British asset manager Schroders (SDR.L) reported a drop in first-half assets under management on Thursday, due to weaker investor sentiment and market volatility. Schroders' assets under management fell to 726.1 billion pounds ($940 billion) in the six months to June 30, from 737.5 billion pounds at December-end. The company generated 5.7 billion pounds in net new business, excluding joint ventures and associates. In contrast, Jupiter Fund Management (JUP.L) jumped 14% to the top of the FTSE mid-cap (.FTMC) after it reported assets under management rose 2% to 51.4 billion pounds. The fund manager saw "small" net inflows of 23 million pounds, helped by institutional client demand.
Persons: Schroders, Calastone, Peter Harrison, Jefferies, James's, Peel Hunt, Eva Mathews, Savio D'Souza, Sinead Cruise, Sharon Singleton Organizations: Reuters, Bank of England, JPMorgan, Jupiter Fund, Peel, Thomson Locations: British, Bengaluru
☆ UBS investors warm to Credit Suisse deal
  + stars: | 2023-07-17 | by ( Oliver Hirt | ) www.reuters.com   time to read: +6 min
Several fund managers who hold UBS stock have told Reuters they think UBS has bought Credit Suisse at a good price, with some even describing it as a steal. "UBS got Credit Suisse for practically nothing, so accordingly the deal will work out for them," another investor told Reuters. Still, UBS inherits a troubled legacy at Credit Suisse, said Thomae, pointing to legal risks which UBS has said could cost billions of dollars. Rivals have poached entire teams from Credit Suisse, he said, and some clients are likely to follow them. Deka's Thomae said UBS and Credit Suisse together would have a market share in Switzerland that is just within acceptable limits.
Persons: Colm Kelleher, Guy de Blonay, Andreas Thomae, Thomae, de Blonay, De Blonay, JP Morgan, Kian Abouhossein, Julius Baer, Deka's Thomae, Oliver Hirt, John Revill, David Holmes Organizations: Credit Suisse, UBS, Switzerland's, Reuters, Jupiter Asset Management, CS, Swiss, UBS AG, Credit Suisse AG, STATE, Deka Investment, Fund, Rivals, Suisse, JP, Suisse's, Investors, Credit, Thomson Locations: ZURICH, Suisse's Swiss, Switzerland
☆ Allianz picks acceptable time to quit N26
  + stars: | 2023-04-19 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 19 (Reuters Breakingviews) - Allianz (ALVG.DE) is striking a blow for forlorn investors of privately held startups. While that would be a 68% discount to N26’s $9 billion valuation as of October 2021, Allianz’s exit route looks agreeably straightforward. N26 has enough cash to finance its operations until the end of 2024, when it is expected to reach profitability. The fight between banks for consumer deposits will force N26 to offer better interest rates for its customers, limiting its profit margin going foward. More to the point, Allianz doesn’t have to inform N26 of an intention to sell.
☆ Jupiter declines to comment on cancelled Adani share offering
  + stars: | 2023-02-02 | by ( ) www.reuters.com   time to read: 1 min
LONDON, Feb 2 (Reuters) - Jupiter Fund Management (JUP.L), an anchor investor in Adani Enterprises' (ADEL.NS) cancelled $2.5 billion share offering, told Reuters on Thursday it had no immediate comment on the deal being withdrawn. Jupiter was notable as being the sole UK-listed fund manager to back the share offering for the subsidiary of embattled Indian conglomerate Adani Group, which has lost some $100 billion in market capitalisation in recent days following a short seller's report. Adani Enterprises its $2.5 billion stock offering on Wednesday. Reporting by Lawrence White; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
☆ Macro hedge funds end 2022 on high, many others lose big, investors say
  + stars: | 2023-01-10 | by ( Svea Herbst-Bayliss | ) www.reuters.com   time to read: +2 min
Rokos Capital, run by Chris Rokos and one of a handful of so-called global macro firms, gained 51% last year. Many macro managers sidestepped tumbling equity markets rocked by fast-paced interest rate hikes and geopolitical turmoil including the war in Ukraine to rank among the hedge fund industry's best performers, data from Hedge Fund Research show. The firm's macro index gained 14.2% while the overall hedge fund index dropped 4.25%, its first loss since 2018. Equity hedge funds, where the bulk of the industry's roughly $3.7 trillion in assets are invested, however fared worse with a 10.4% loss, according to HFR data. Tiger Global Management lost 56% while Whale Rock Capital Management ended the year with a 43% loss and Maverick Capital lost 23%.
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