Jupiter Asset Management Aims To Go Green

Dec 4 2009 | 9:09am ET

Jupiter Asset Management has been growing a lot lately, with prominent new hires and a raft of new funds. Now, the London-based hedge fund manager is planning to grow green.

At a dinner in London this week, CEO Edward Bonham Carter said the firm aims to be at the forefront of environmentally-sustainable investing.

“The whole area of green investing—like sustainable investing—is one we are growing in,” Bonham Carter said. “The challenge of sustainable living will be with us for some time.”

Bonham Carter also said that the firm will be building its European business next year, the Financial Times reports.

He said Jupiter managed to avoid the worst of the financial crisis, lavishing particular praise on its unit trust business.

“We’ve come out of the crisis pretty well, most funds remain open to trading, unlike in the hedge fund industry, and pricing actually means something.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...