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Jupiter "distressed"

joerugby · 2019-01-27 18:09:45

There's an article in this weekend's FT which describes Jupiter Fund Management as "distressed", and "grappling with huge outflows and rising costs". Apparently their share price halved in 2018 and they suffered £4.5bn of customer withdrawals. Their shares are increasingly being shorted. I have about £80,000 invested in…

Comments

El_Torro Posts: 2,095 Forumite

30 January 2019 at 10:27AM

I only recently (in the last few days) bought into a JPM fund, their Africa Equity fund. Reason being that Templeton is winding up their Africa fund and JPM seemed like the best alternative on HL.

if JPM go pop then I'm really not sure whether I'll have an Africa specific fund at all going forward. Not that big a deal in the grand scheme of things I suppose though.

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