Jupiter Fund Management's CEO Maarten Slendebroek has moved to reassure investors in its Merlin range that performance is bouncing back following a tough spell for some of the funds.
The asset manager's 2014 results, released today, revealed just over half its funds are delivering above-median performance over a three-year time frame. This compared to 69% of outperforming funds in 2013. In particular, John Chatfeild-Roberts' Merlin funds range suffered from relatively weaker performance, although it picked up in the second half of the year. Speaking to Investment Week following the release of the results, Slendebroek (pictured) said performance is now starting to turn. "We have flagged that performance in the first half of the year was not very good but has bou...
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