With the difficulties of the 2018 financial year behind them, asset and wealth managers are getting back on their feet with net inflows and asset growth. Here, PA's sister brand Investment Week reports on their trading updates to 30 June.
Jupiter Asset Management Jupiter Asset Management is looking to bolster its investment trust business under new chief executive Andrew Formica. In the firms half-year results today (30 July), Formica said Jupiter has "a number of priorities for 2019 and beyond", including extending its product offering. "We are…looking to develop sector specialities under our broader fixed income umbrella, and to expand our multi-asset solutions. in alternatives we intend to further develop our liquid alternatives offering," Formica said. Darwall departs Jupiter to set up Devon Equity Management ...
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