Jupiter's Cable keeps cash on sidelines to support companies in need
'Relatively elevated levels of cash'
Jupiter's Matt Cable
The Jupiter UK Smaller Companies fund continues to run with “relatively elevated levels of cash” as manager Matt Cable prepares to support portfolio constituents that need to raise additional capital.
Cable said holdings in the £221m fund, which he inherited from James Zimmerman on 1 August 2019, had not been immune to the coronavirus-related lockdown of the UK economy, with 18% of its investee companies...
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