Tuesday preview: Global PMIs, Jupiter Fund Management in focus

22nd Apr 2024 10:40

(Sharecast News) - Financial markets' attention on Tuesday will be trained on a raft of purchasing managers surveys due out covering manufacturing and services sector activity in the euro area, UK and U.S..

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London close: Stocks finish lower as ECB stands pat

11th Apr 2024 15:56

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

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London close: Stocks little changed as investors look to US data

27th Feb 2024 16:05

(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.

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London close: Stocks rise amid raft of solid earnings

22nd Feb 2024 16:26

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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Annual profits beat forecasts at Jupiter, shares spark

22nd Feb 2024 09:44

(Sharecast News) - Shares in Jupiter Fund Management jumped on Thursday, after full-year profits came in comfortably ahead of expectations.

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London close: Stocks finish higher after very quiet Monday

12th Feb 2024 17:11

(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.

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London close: Stocks finish red after choppy session

9th Jan 2024 16:22

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

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Ben Whitmore stepping down, Alex Savvides enters at Jupiter

9th Jan 2024 07:32

(Sharecast News) - Jupiter Fund Management experienced higher-than-expected net outflows in 2023, it said in an update on Tuesday, totalling £2.2bn.

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Canaccord cuts Jupiter to 'hold', slashes target price by 58%

2nd Nov 2023 10:17

(Sharecast News) - Canaccord Genuity has downgraded Jupiter Fund Management from 'buy' to 'hold' and more than halved its target price on the stock, saying that rising competitive pressures are exacerbating ongoing market challenges.

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Jupiter third-quarter AuM drop; new charging structure announced

17th Oct 2023 08:18

(Sharecast News) - Jupiter Fund Management tumbled on Tuesday as it announced a new charging structure and posted a decline in third-quarter assets under management, as macroeconomic uncertainty continued to dent demand for risk assets, particularly with retail clients.

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Schroders AuM falls, Jupiter posts rise

27th Jul 2023 08:22

(Sharecast News) - UK asset manager Schroders on Thursday said first-half assets under management fell due to market volatility, but rival Jupiter posted a rise in assets.

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Jupiter Fund Management posts uptick in Q1 AuM

25th Apr 2023 07:55

(Sharecast News) - Jupiter Fund Management posted an uptick in first-quarter assets under management on Tuesday, driven in part by positive market movements.

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Full-year profits tumble at Jupiter

24th Feb 2023 07:03

(Sharecast News) - Jupiter Fund Management reported a slump in both assets under management and profits on Friday, after a "difficult" year for the City fund manager.

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Canaccord Genuity downgrades Jupiter Fund Management to 'hold'

31st Jan 2023 09:11

(Sharecast News) - Analysts at Canaccord Genuity downgraded fund manager Jupiter Fund Management from 'buy' to 'hold' on Tuesday, stating upside was "limited" after the group's recent re-rating.

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Barclays upgrades Jupiter, says risk/reward balanced

9th Nov 2022 11:07

(Sharecast News) - Barclays upgraded Jupiter Fund Management on Wednesday to 'equalweight' from 'underweight' and cut the price target to 110p from 120p, as it pointed to a discounted valuation and emerging optimism.

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