Closed sign

Jupiter to spin hedge funds out of orbit

Sun, 15/04/2012 - 11:01

Jupiter Asset Management is to dispense with hedge funds altogether as a separate business line as it prepares to switch investors into regulated vehicles reported FINalternatives this week, quoting an industry trade magazine. The London-based firm is preparing to close its two hedge funds as part of a plan to offer hedge fund strategies through its segregated mandates and the decision, it would appear, is being driven both by client demand and changing regulation. The two funds to close will be: Jupiter Hyde Park and Jupiter Financials. Investors will be given the option to reinvest in UCITS-compliant versions of the funds, which between them currently hold around GBP20million in AUM.

 


Subscribe to free daily newsletter
latestjobs
VP/SVP Credit Quant- NY- Investment Bank

Sun, 28 Dec 2014 00:00:00 GMT

Quantitative Research | Equity | New York

Sat, 27 Dec 2014 00:00:00 GMT

SVP Model Validation

Sat, 27 Dec 2014 00:00:00 GMT

events
2 weeks 18 hours from now - New Orleans
3 weeks 2 days from now - Boston
3 weeks 2 days from now - New York
3 weeks 6 days from now - New York
specialreports