Jupiter Merlin Fof range at top of its game

Of over 150 funds of funds across various sectors, group's range is most consistent with Axa at opposite end

Jupiter's Merlin-branded fund of funds all sit at the top of their respective sectors over one and three years to 6 March. At the opposite end of the scale is Axa's offering with two of four portfolios fourth quartile and the other two third, over one year. According to an S&P compilation of all fund of fund vehicles and their quartile rankings within individual sectors, there are now more than 155 such offerings in the market, appearing in almost every IMA peer group. Investment Week also looked to Lipper for similar data with Jupiter fund of funds again coming out the strongest in term...