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Jupiter: continuity candidate could struggle to stem outflows

Financial Times LogoFinancial Times1 mo ago

Jupiter: continuity candidate could struggle to stem outflows

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The shares are down 58 per cent since March 2019.They trade at 9.5 times forward earnings, about 15 per cent lower than peers.

Defending the middle ground is proving tricky in the fund management sector.

The market downturn will hit margins, as fees are based on assets under management.


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Article Details

Category: MarketsFinanceInvesting

Topics: Years Jupiter Fund Number Management Percentage Financial Cent Market Points Sites

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 14:40:30

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 470 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 18862

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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