Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

2599

Jupiter Global Technology Fund merges into Jupiter Global Managed Fund

RELATED TOPICS​

The merger of Jupiter’s Global Technology Fund into the Jupiter Global Managed Fund has taken effect.

The merger of Jupiter’s Global Technology Fund into the Jupiter Global Managed Fund has taken effect.

The proposal was approved by unitholders on 16 April 2009 with 97.75 per cent of votes cast in favour.

The merger took effect at midday on 24 April 2009 and has resulted in some GBP28m of assets being transferred into the Jupiter Global Managed Fund.

Jupiter chose to recommend a merger to investors in the fund as it believes that while there are still a number of very high quality technology companies in existence, the bursting of the dot.com bubble has resulted in a geographic narrowing of the sector.

Given the anaemic outlook for economic growth, it does not expect this to change and as a result, believes the more diversified approach to global investing offered by the Jupiter Global Managed Fund will be more effective in the future.

The Jupiter Global Managed Fund incorporates stock ideas from a wide range of Jupiter’s investment team, with John Chatfeild-Roberts (pictured), head of the Jupiter independent funds team, as the lead fund manager.

The Jupiter Global Managed Fund has an international geographical spread and has the flexibility to hold technology stocks as and when the individual fund managers picking stocks for the portfolio see value in these areas.

Latest News

Preqin has announced the launch of Term Intelligence, writing that this latest offering introduces one..
Brown Brothers Harriman & Co. (BBH) have announced a new automated liquidity management tool (“LMT”)..
Pantheon, a specialist global private markets investor, and iCapital, the global fintech platform, have announced..

Related Articles

Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by