Jupiter is expanding its Continental Sales team in Munich, Germany to facilitate the company's continued sales drive in the German, Swiss and Austrian markets. The office, managed by Martina Guenzl, Sales Director, Europe, will soon be joined by Daniel Blum, Sales Manager, Europe, who has worked for Jupiter since September 2005, and a dedicated sales support assistant.

The local office has been expanded to address the growing demand for Jupiter's funds from professional buyers including private banks, fund of funds, family offices and wealth managers. The team are dedicated to attracting and providing a high standard of service to clients and prospective clients in the region.
 
Jupiter has been actively developing its Jupiter Global Fund SICAV1 since 2007 and has added four sub-funds since September 2009. This has taken the total number of funds available to twelve, including portfolios managed by some of Jupiter's highly-regarded fund managers such as Alexander Darwall and Philip Ehrmann.

The appointment of Miles Geldard and Lee Manzi, who are well respected convertible and multi-asset managers, adds further strength to this offering2 with Jupiter planning to launch global convertible and global multi-asset strategies for them in October.

Kevin Scott, Executive Director International at Jupiter, added: "The expansion of the team operating from our office in Munich signals our intention to continue building our presence in this region. The team caters to the needs of our existing clients, and its expansion will allow us to attract further investment into our fund range. The fund launches scheduled for the rest of the year will be an exciting addition to our already strong product range targeted at the international market."

- ENDS -

Notes to Editors

1. Jupiter Global Fund SICAV
The Jupiter Global Fund is a Luxembourg SICAV in an umbrella structure. It provides international clients with access to our investment expertise through a range of actively managed equity funds:

. Jupiter Asia Pacific
. Jupiter China Sustainable Growth
. Jupiter Climate Change Solutions
. Jupiter European Absolute Return 
. Jupiter European Growth
. Jupiter European Opportunities
. Jupiter Global Equities
. Jupiter Global Financials
. Jupiter India Select
. Jupiter Japan Select 
. Jupiter New Europe
. Jupiter North American Equities

For further information on the Jupiter Global Fund SICAV please visit: www.jupiterinternational.com

2. These fund launches and fund manager authorisations are subject to regulatory approval.

Jupiter Asset Management Limited (JAM) is authorised and regulated by the Financial Services Authority, for business conducted in the UK, and the registered address is 1 Grosvenor Place London SW1X 7JJ. The group is collectively known as "Jupiter". The above commentary represents the views of the Fund Manager at the time of preparation and may be subject to change, and this is particularly likely during periods of rapidly changing market circumstances. They are not necessarily those of Jupiter and should not be interpreted as investment advice. Past Performance should not be seen as a guide to future returns, the value of an investment and the income from it can fall as well as rise and may be affected by exchange rate variations. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.
For immediate release
9 September 2010