Square Mile strips ratings from two Jupiter European funds

33 asset management groups interviewed

Jenna Brown
Square Mile removed the ratings due to "a different approach to investing in the region"

Square Mile removed the ratings due to "a different approach to investing in the region"

Square Mile Investment Consulting and Research (Square Mile) has removed the Jupiter European Special Situations and JGF Jupiter European Opportunities funds from its Academy of Funds – the firm's showcase of recommended and rated vehicles – following a series of 70 meetings with 33 asset managers during May.

The move comes after the funds' manager Cedric de Fonclare departed Jupiter Asset Management at the end of May. Mark Nichols and Mark Heslop have assumed responsibility for the two funds. However, Square...

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