Today news
About the same in other media
Jupiter outflows surge to £10.3bn amid value desk redemptions
Reading now: 711
In its annual report today (27 February), Jupiter said £5.8bn of outflows came from retail clients, while £4.5bn from the firm's institutional channel. Overall, 2024 redemptions were significantly higher than the £2.2bn recorded a year before. The outflows were primarily the result of £6.2bn in net outflows from strategies previously under the value desk team, as star stock picker Ben Whitmore left Jupiter to set up Brickwood AM last year. Ben Whitmore's Brickwood AM launches inaugural fund Of these, £4.8bn were from segregated mandates and £1.4bn from mutual funds. According...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Motilal Oswal sees value in oil & gas, favors HPCL and GAIL, citing limited downgrade risks economictimes.indiatimes.com /1 day ago
Warren Buffett dismisses worries over 'extraordinary cash position' amid major stock sales last year investmentweek.co.uk /2 days ago
End of pain? Portfolios churning from momentum to value-driven quality stocks now: Deven Choksey economictimes.indiatimes.com /2 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
