Jupiter marks the official opening of its Stockholm office with the announcement of an alliance with NASDAQ OMX’s Nordic Fund Market for the distribution of its funds.
The British asset management company will make available 17 sub-funds of the Jupiter Global Fund and Jupiter Merlin Fund Sicavs on the Nordic Fund Market.
- The Jupiter Dynamic Bond Fund – the €2.14bn fund has returned 24.4% since launch compared to a benchmark index return of 15.8% and a sector average return of 5.6%
- The Jupiter European Growth fund – the €797mfund has delivered strong outperformance, returning 113.1% over 5 years versus a return of 74.1% for its benchmark index and a sector average return of 69.2%
- The Jupiter Global Ecology Growth Fund – this fund has returned 61.8% over five years against a gain for its primary benchmark index (FTSE World) of 94.4%, secondary benchmark (FTSE ET100) of 46.1%, and an average sector return of 43.9%
Jupiter has been running SRI and green funds for over 20 years, and currently manages over €909m in these vehicles.
To further strengthen Jupiter’s commitment to Nordic investors, we have also taken a strategic decision to offer four of our funds with Swedish Kronor (SEK) hedged share classes. Jupiter’s Sicav funds – Jupiter Dynamic Bond, Jupiter Merlin Real Return, Jupiter Strategic Total Return and Jupiter Europa – will be available to Swedish investors with these share classes, launching soon.
Christoffer Kjellberg Ek, sales director, Nordics, will be leading Jupiter’s efforts from Stockholm to establish the Jupiter brand with regional investors. Kjellberg Ek says the tie-up with Nordic Fund Market represents a significant development for Jupiter:
“We are delighted to be teaming up with one of the most modern and efficient trading platforms in the region and look forward to being able to serve underlying clients to NASDAQ OMX’s Nordic Fund Market through this alliance. As we grow our business, our clients will be looking to buy our funds using a reliable, world class and cost-effective service. Nordic Fund Market is a great partner in that regard.”