Jupiter announces strategic alliance with deVere & Partners

Monday, 21 September 2009 15:14

Jupiter Asset Management has announced a strategic alliance with deVere & Partners, one of the world’s largest independent international financial consultancies.

Under the agreement, deVere & Partners will offer both the Jupiter Global Fund Sicav and the Jupiter Merlin Sicav through its network of 350 consultants, who operate from 40 offices around the world. Jupiter will also provide investment training and support to the network.

Kevin Scott, Executive Director, International at Jupiter Asset Management, said: “This strategic alliance is an important development for Jupiter. With some 50,000 clients in over 100 countries, deVere offers significant potential for Jupiter to develop both brand awareness and sales internationally. We look forward to developing this relationship over the coming years.” Kevin Scott

Nigel Green, Chief Executive of deVere & Partners, said: “Jupiter Asset Management has a superb reputation for producing consistent, strong performance across a range of funds. We are delighted to have formed this relationship in order to offer the Company’s products to our clients.”

Jupiter Global Fund (Sicav)

Domiciled in Luxembourg

Activated funds recognised by the FSA

Fund registered in Austria, Finland, France, Germany, Hong Kong, Jersey, Luxembourg, Sweden, Switzerland and Singapore. Not all sub funds are registered in each jurisdiction.

Nine sub-funds available – Jupiter Asia Pacific, Jupiter Climate Change Solutions, Jupiter European Growth, Jupiter European Opportunities, Jupiter Global Equities, Jupiter Global Financials, Jupiter India Select, Jupiter Japan Select and Jupiter New Europe.

·     Fees: up to 5% initial and 1.5% annual management charge

·     Minimum initial investment: £1,000, €1,000, $1,000 in respective share classes

·     £, € and $ share classes

Jupiter Merlin Funds (Sicav)

Domiciled in Luxembourg

Fund registered in Luxembourg, Finland, Sweden and Singapore

Two sub funds available– the Jupiter Merlin International Balanced Portfolio and the Jupiter Merlin International Equities Portfolio.

·     Fees: up to 5.25% initial and 1.5% annual management charge

·     Minimum initial investment: £500, €500 or $500 in respective share classes

·     £, $ and € share classes