Jupiter Fund Management Share Discussion Threads

[pete160] 27/7/2023 09:23

A very good interim update this morning and confidence from the BOD with a 2.6p special dividend in addition to the 3.5p ordinary.
Perhaps part of a strategy to fend off any circling vultures?
Still some way to go to get me back to scratch mind.

[nemesis6] 06/7/2023 10:32

What a difference a month makes....i bought more too dope. More useless sludge

[dope007] 31/5/2023 10:08

Just picked some up as they have been well and truly hammered

[2cmb] 19/5/2023 16:03

Ham it is Blackhorse the lier :-)

[hamhamham1] 19/5/2023 12:26

Gotta laugh at the phantom down ticker... get a life mate!

[hamhamham1] 17/5/2023 17:06

Nice tick up late in the day

[dope007] 15/5/2023 22:09

Thanks hamhamham1

[cwa1] 15/5/2023 20:18

There's always one...

[hamhamham1] 15/5/2023 19:00

Some numpty down ticked everyone's posts, saddo! :)

[hamhamham1] 15/5/2023 14:46

Do they charge 2 and 20 for managing investors money?
I can see the 20% mentioned (cut of profits) but hard to find the annual charge, I presume in the 2% area?

[hamhamham1] 15/5/2023 14:41

Dope, this is from recent update...

· Assets under management (AUM) increased by £0.6bn over the first quarter, closing at £50.8bn.

· This was driven by positive market movements of £1.5bn and positive net flows from institutional clients of £0.1bn, partially offset by £1.0bn of net outflows from the retail, wholesale and investment trust channel.

[hamhamham1] 15/5/2023 14:37

Just bought a few more around 120p, bargain IMO.

[dope007] 13/5/2023 08:49

Sold out of these a while back, but looking interesting again. How are they performing these days with FUM?

[flyer61] 12/5/2023 16:29

If you want a fund management business (or part ther of) take a look at LTI.

[topvest] 24/2/2023 17:10

VelocyTongo - I like Ashmore. Already hold.

[velocytongo] 24/2/2023 16:52

Top. We've been buying Ashmore - it may go down but it's got a decent dividend yield (6.4%) and EM debt and equity valuations are at or near 20-year lows, and with a properly contrarian CEO/founder (he has 31% of the shares). Not fired all my bullets on ASHM, leaving room to buy more if it falls.

[dope007] 24/2/2023 15:33

Same here topvest. Don't see why I won't be buying back in the 120p or less region, assuming I have money to invest at that moment in time!!

[topvest] 24/2/2023 15:05

I've sold out again over dividend concerns as well. Only held for a week, but made 2% after costs which isn't bad for a mistake - I want a lower entry point given the risks. I think next year's dividend will only be in the 5-6p range which gives a 4% yield. That's quite low for an asset manager. I will put back on my watch list.

ps DJIA seems to be dropping down below support levels, so could be bumpy next week.

[marksp2011] 24/2/2023 14:19

I think it is a divi rebase, it was pretty unsustainable hence the massive paper yield

new CEO, new strategy and I expect the half year results will be a lot brighter AUM must be up 15% just with the market run up.

they were dire results but, they still made a profit :)

[dope007] 24/2/2023 13:37

You think they will pay 8.4p next full year? I don't