Jupiter's multi-manager Merlin team had sold out of its entire holding in the Woodford Equity Income fund by the end of September, having started to gradually reduce its exposure in 2015 from a peak of around £947m, Investment Week understands.
John Chatfeild-Roberts, head of Jupiter Asset Management's Merlin fund range, had already reduced exposure to the Woodford Equity Income fund across three multi-manager portfolios by £382.8m over the period...
Had targeted a £200m IPO
Fund manager poll by the AIC
Partner Insight: Ross Teverson, Head of Strategy, Emerging Markets at Jupiter Asset Management, provides an insight into the Jupiter Global Emerging Markets Fund philosophy, which is centred on identifying companies experiencing 'positive change' in emerging...
Ongoing charge of 0.99%
Marsh to begin working on Income fund in February 2018