Jupiter wins Citywire Team All Stars Award

Jupiter Asset Management has been named overall winner in the Citywire Team All Stars Awards for 2007.

The awards, which seek to recognise the fund management groups that have the most successful overall team based on risk adjusted performance over three years, pitched Jupiter funds in 15 sectors against those managed by 19 other fund management groups Citywire categorised as ‘tier one’ companies.

Jupiter achieved 175 points in this assessment, followed by New Star with 170 and Standard Life with 155. Among the contributors to Jupiter’s success in the awards were Anthony Nutt, manager of the flagship Jupiter Income Trust and Jupiter High Income Fund, Philip Gibbs, manager of the Jupiter Financial Opportunities Fund, Ian McVeigh, manager of the Jupiter UK Growth Fund, Charlie Thomas, manager of the Jupiter Ecology Fund and John Chatfeild-Roberts, Algy Smith-Maxwell and Peter Lawery – managers of the Jupiter Merlin Fund of Funds.

Edward Bonham Carter, Chief Executive of Jupiter Asset Management, said: “We are delighted to have achieved this award. We firmly believe that employing talented stock pickers and creating the right environment in which they can work as a closely-knit team while retaining individual responsibility for their own portfolios is behind our ability to produce out-performance over the medium term. Ensuring managers’ interests are aligned with those of investors by encouraging them to invest in the funds they manage is also a key part of our culture.

“Our recent MBO has further reinforced our commitment to the business. We believe this new structure will ensure all our staff are even more focused on producing strong investment performance and high levels of customer service. Our ability to offer an ownership stake in the business should also prove attractive to the talented individuals we seek to hire – as our recent appointments demonstrate.”