|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||134.90 - 142.40|
|52-week range||132.70 - 300.00|
|Beta (5Y monthly)||1.42|
|PE ratio (TTM)||6.36|
|Earnings date||24 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||0.17 (10.02%)|
|Ex-dividend date||21 Apr 2022|
|1y target est||207.50|
(Bloomberg) -- Andrew Formica, the chief executive officer of Jupiter Fund Management Plc, suddenly announced he’s leaving the £55.3 billion ($67.9 billion) asset manager he joined in 2019.Most Read from BloombergRussia Slips Into Historic Default as Sanctions Muddy Next StepsMichael Burry of ‘The Big Short’ Fame Warns Fed May Alter CourseAnti-Abortion Centers Find Pregnant Teens Online, Then Save Their DataChina Cuts Travel Quarantine in Biggest Covid Zero Shift YetA $2 Trillion Free-Fall Rattl
Jupiter Fund Management's incoming chief Matthew Beesley pledged on Tuesday to maintain its focus on overseas growth even as it grapples with outflows and challenging markets, after his predecessor announced his departure earlier in the day. The British fund manager said on Tuesday Andrew Formica would leave after just over three years as chief executive and be replaced by investment chief Beesley. Jupiter said Formica, 51, would step down at the start of October and relocate back to Australia, though he will remain with the group until the end of June 2023.
For many, the main point of investing is to generate higher returns than the overall market. But every investor is...