Major companies favoured by leading European fund managers are facing severe price pressures as the global flight to safety propelled the Swiss franc to new heights today.
Jupiter CIO John Chatfeild-Roberts has urged investors to remain calm in the face of global market turmoil, adding he sees it as a buying opportunity, particularly for S&P 500 names.
Jupiter's Guy de Blonay has called for European authorities to take further action in supporting markets or the sovereign debt crisis will spread to other eurozone economies.
Emma O'Neill, investment research analyst at OBSR, examines the best performing Continental European funds.
Jupiter has made its first foray into the energy space with the launch of a global energy fund for the group's resources manager Derek Pound.
Jupiter's European Income fund manager Malcolm Millar is leaving the firm, handing his fund to Cedric de Fonclare.
A group of Jupiter directors and employees, including Edward Bonham Carter and Tony Nutt, have sold off £63m worth of ordinary shares in the group, representing a 5.7% stake.
Leading fund managers are moving to snap up ‘cheap' UK banks after a dismal year which saw them drop in value as markets raced higher.