Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Jupiter Fund Management Plc
  6. News
  7. Summary
    JUP   GB00B53P2009

JUPITER FUND MANAGEMENT PLC

(JUP)
  Report
Delayed Quote. Delayed London Stock Exchange - 12/08 11:35:09 am
242 GBX   +0.75%
10/15FTSE Rises, Sterling Seen Giving Up Recent Gains
DJ
10/15JUPITER FUND MANAGEMENT : Money manager Jupiter sees $780 million of outflows
RE
10/15JUPITER FUND MANAGEMENT : AUM Rise In Q3
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Jupiter Fund Management : Further Expands US Commitment; Opens NYC Hub to Strengthen Research and Distribution

09/27/2021 | 10:58am EST

Jupiter Asset Management, a specialist, high-conviction active management firm, announced today its continued expansion into the US market with the opening of a New York City hub. The new office will host a US-focused credit research team and bring its sales team closer to a growing list of institutional clients.

The three-member credit team is an extension of Jupiter’s UK-based $17.9B AUM* global fixed income team, headed by Ariel Bezalel. The US-focused effort, headed by Joel Ojdana, brings the team closer to US issuers, affording deeper relationships with US companies and enhanced research.

Mr. Ojdana joined the company in London in 2018 and returned to the US with the opening of Jupiter’s Denver-based operation in October 2020. Also joining the US credit team in New York will be David Rowe and Jordan Sonnenberg. Mr. Rowe joins Jupiter from JP Morgan where he served as a leveraged loan and high-yield credit analyst. Mr. Sonnenberg joins from Deutsche Bank, where he served as a research associate with the high-yield credit research team. The analysts will work closely with the entire UK-based credit research team.

“Jupiter’s NYC hub reflects on the firm’s resolve to continually build on the strength of our active research capabilities and to be recognized as a more localized, yet global partner to our institutional clients,” said CEO Andrew Formica. The firm recently announced the hiring of David Schrock, head of US Institutional from Janus Henderson Investors. Mr. Schrock joined Taylor Carrington, CFA, formerly of Allianz Global Investors, who is spearheading the firm’s US growth initiatives.

*Source: Jupiter, gross AUM as at June 30, 2021

Important Information

The information contained in this press release is intended solely for members of the media and should not be relied upon by private investors or any other persons to make financial decisions.

This communication, including any data and views in it, is not a financial promotion as defined in MiFID II. It does not constitute an invitation to invest or investment advice in any way. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.

Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested.

The views expressed are those of the Fund Manager at the time of writing, are not necessarily those of Jupiter as a whole and may be subject to change. This is particularly true during periods of rapidly changing market circumstances.

Issued in the UK by Jupiter Asset Management Limited, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ is authorised and regulated by the Financial Conduct Authority. Issued in the EU by Jupiter Asset Management International S.A. (JAMI, the Management Company), registered address: 5, Rue Heienhaff, Senningerberg L-1736, Luxembourg which is authorised and regulated by the Commission de Surveillance du Secteur Financier. Jupiter Asset Management US LLC with a principal place of business in Denver, Co. is registered with the US Securities and Exchange Commission (“SEC”) as an investment adviser.


ę Business Wire 2021
All news about JUPITER FUND MANAGEMENT PLC
10/15FTSE Rises, Sterling Seen Giving Up Recent Gains
DJ
10/15JUPITER FUND MANAGEMENT : Money manager Jupiter sees $780 million of outflows
RE
10/15JUPITER FUND MANAGEMENT : AUM Rise In Q3
MT
09/27JUPITER FUND MANAGEMENT : Further Expands US Commitment; Opens NYC Hub to Strengthen Resea..
BU
08/18JUPITER FUND MANAGEMENT : Expands in US Institutional Market and Globally With Key Hires
BU
08/18Tactus Group announced that it has received ú40 million in funding from Jupiter Fund Ma..
CI
08/17Cognitive Logic Limited announced that it has received $65 million in funding from Jupi..
CI
08/12JUPITER FUND MANAGEMENT PLC : Ex-dividend day for interim dividend
FA
07/30JUPITER FUND MANAGEMENT : assets hit record highs as outflows accelerate
AQ
07/30FTSE Down, Pearson Gains After Solid 1st Half, College App Launch
DJ
More news
Analyst Recommendations on JUPITER FUND MANAGEMENT PLC
More recommendations
Financials
Sales 2021 527 M 696 M 696 M
Net income 2021 144 M 191 M 191 M
Net cash 2021 153 M 202 M 202 M
P/E ratio 2021 9,50x
Yield 2021 7,15%
Capitalization 1 314 M 1 739 M 1 736 M
EV / Sales 2021 2,20x
EV / Sales 2022 2,34x
Nbr of Employees 590
Free-Float 77,0%
Chart JUPITER FUND MANAGEMENT PLC
Duration : Period :
Jupiter Fund Management Plc Technical Analysis Chart | JUP | GB00B53P2009 | MarketScreener
Technical analysis trends JUPITER FUND MANAGEMENT PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 242,00 GBX
Average target price 287,39 GBX
Spread / Average Target 18,8%
EPS Revisions
Managers and Directors
Andrew James Formica Chief Executive Officer & Executive Director
Wayne Mepham Chief Financial Officer & Executive Director
Nichola Pease Non-Executive Chairman
Paula Marion Moore Chief Operating Officer
Stephen Brian Pearson Chief Investment Officer
Sector and Competitors
1st jan.Capi. (M$)
JUPITER FUND MANAGEMENT PLC-14.31%1 725
BLACKSTONE INC.108.83%99 569
KKR & CO. INC.90.12%45 455
LEGAL & GENERAL PLC10.97%22 955
THE CARLYLE GROUP INC.73.76%19 474
FRANKLIN RESOURCES, INC.33.45%16 549