Jupiter chief executive Martin Slendebroek has warned of the impact the geopolitical situation could have on Jupiter and other firms this year following the release of the group's full-year results for 2017.
Slendebroek added major headwinds for the year include political instability and rising interest rates though he said he would welcome some volatility as an opportunity to prove the worth of active management. "A return of volatility to markets should improve the opportunity set for active investors," he said. "On the other hand, rising rates would be less good for the fixed income side of the business. But the main worry for everyone and not just Jupiter is the geopolitical situation." In this morning's results Jupiter posted net inflows of £5.5bn, significantly higher than the ...
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