Jupiter to close two funds following asset 'contraction'
Jupiter UK Alpha and Enhanced Distribution
Jupiter Asset Management has taken the decision to close two funds, Jupiter UK Alpha and Jupiter Enhanced Distribution, due to increased outflows and unlikely “resurgence” in assets.
The UK Alpha fund currently stands at £3.9m, down approximately £15m from two years ago, while the Enhanced Distribution fund sits at £10.3m, which is around £19m lower than its January 2018 standing....
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