Jupiter has been awarded the Outstanding Investment House Honour in the 2009 OBSR awards as it continues to have a successful track record throughout a range of asset classes.
OBSR is one of the UK's most respected fund research companies, and rates investment funds based on a number of factors. Fifteen out of Jupiter's 31 funds are rated by OBSR, eight of which have AAA ratings.
Commenting on the prestigious award, Edward Bonham Carter, chief executive of Jupiter Asset Management said: "I am delighted that Jupiter has won this important accolade. I believe this award is a reflection of the culture we have here at Jupiter.
"Rather than employing a house process, which effectively forces managers to invest with one hand behind their backs, we give them the freedom to back their judgement.
"The fact that many of our managers have now worked together for 10 years or more and invest their own assets in Jupiter funds, together with the fact that some 95 per cent of employees own shares in the business, creates a strong culture where our interests are aligned with those of investors.
"Our managers are passionate about what they do here – and that is reflected in terms of our long term performance record," he adds.
OBSR says that in the general UK retail investment universe it rates approximately 10 per cent of funds, while it rates almost 50 per cent of Jupiter's.
Richard Romer-Lee, research director at OBSR adds: "We are looking to acknowledge companies committed to the retail market that have a relevant and good quality range of funds.
"Jupiter, despite a change of ownership, has been remarkably stable from an outsider's perspective, and it harbours a number of outstanding managers, all of whom have managed money for a long time."
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