Jupiter named best manager for added alpha

Jupiter has been named the UK's top asset manager in the latest tranche of the European Alpha League Table produced by EuroPerformance and Edhec. The Alpha League Table measures both the magnitude and the frequency of alpha generation by a country's asset managers, taking into account risk-adjusted performance, performance persistence and the risk of extreme loss. Climbing from second place last year, Jupiter took the top spot with average alpha of 4.23% and frequency of 73.75%. This compares with the 2.9% average alpha produced by UK asset managers, approximately 30 basis points up s...