Several of Jupiter Asset Management's leading fund managers received accolades for their investment expertise at award ceremonies in London and Frankfurt last night.

Cedric de Fonclare picked up the Rising Talent Honour at the OBSR Awards 2010 for the strong performance he has delivered in difficult markets as manager of the Jupiter European Special Situations Fund and the potential he has to achieve strong and consistent long-terms returns. Cedric, who also manages the Jupiter European Opportunities Sicav, was also awarded two gold medals for excellent fund management in the Equity Europe including UK category of Germany's 2010 Sauren awards, held in Frankfurt.

The Jupiter European Special Situations Fund has been managed by Cedric since 15th July 2005 and in that time the fund has returned 43.27%, ranking it 7th out of 81 funds in its sector. The Jupiter European Opportunities Sicav has returned 14.72% over five years, placing it 19 out of 126 funds in the sector.

Alexander Darwall, manager of the Jupiter European Unit Trust and the Jupiter European Growth Sicav, was also rewarded for his excellent performance record, winning the Sauren Golden Award 2010 for European equity management. This premier award is a distinction highlighting noteworthy management achievements. Alexander also received two gold medals for excellent fund management in the Equity Europe including UK sector. The Jupiter European Growth Sicav has returned -9.28% over three years, placing it 8th out of 166 funds in the sector.

In addition Philip Gibbs received three gold medals for outstanding fund management in Sauren's Absolute Return group and a further three gold medals for outstanding fund management in the Equity Financials category. Furthermore, Elena Shaftan received two gold medals for excellent fund management in the Equity Eastern Europe category.

OBSR are looking for excellence in investment and to show as much loyalty to their investors as is expected as a matter of right. The award winners will thus have demonstrated the ability to generate outstanding long-term returns when assessed both in absolute terms and relative to their peers whilst demonstrating that a wide range of retail investors have truly benefited from their skills.
 
John Chatfeild-Roberts, Chief Investment Officer of Jupiter Asset Management, said: "I am delighted that Jupiter has been so successful at these two award ceremonies. I believe this is a reflection of Jupiter's strong investment culture, where managers work in a collegiate environment but take individual responsibility for the management of their funds. This culture has enabled us to produce strong returns for investors over the medium term and we are delighted that Cedric, Alexander, Philip and Elena have been recognised for their skills. The awards this year are particularly noteworthy given the very difficult market conditions in which the managers have operated."

 
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NOTES TO EDITORS
 
*Source: Financial Express. All data bid to bid net income reinvested to 31/08/10. Figures for Jupiter European Special Situations fund priced in GBP and Jupiter European Growth and Jupiter European Opportunities priced in Euros.
 
ABOUT JUPITER
 
Founded in 1985, Jupiter has become one of the UK's leading fund management groups for private and institutional investors. We manage assets across a wide range of international and UK based mutual funds, multi-manager products, hedge funds, institutional mandates, and a variety of portfolios specialising in markets such as the UK, Europe, Asia and Emerging Europe, as well as specialist thematic investments such as socially responsible investments (SRI) and global financial equities.
 
Jupiter Asset Management Limited (JAM) is authorised and regulated by the Financial Services Authority and its registered address is 1 Grosvenor Place London SW1X 7JJ. JAM is a subsidiary of Jupiter Investment Management Group Limited and 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. Their views are not necessarily those of Jupiter and should not be interpreted as investment advice. Every effort is made to ensure the accuracy of any information provided but no assurances or warranties are given.