Jupiter Asset Management has been named overall winner in the Citywire Team All Stars Awards for 2007.

The awards, which seek to recognise the fund management groups that have the most successful overall team based on risk adjusted performance over three years, pitched Jupiter funds in 15 sectors against those managed by 19 other fund management groups Citywire categorised as 'tier one' companies.

Jupiter achieved 175 points in this assessment, followed by New Star with 170 and Standard Life with 155. Among the contributors to Jupiter's success in the awards were Anthony Nutt, manager of the flagship Jupiter Income Trust and Jupiter High Income Fund, Philip Gibbs, manager of the Jupiter Financial Opportunities Fund, Ian McVeigh, manager of the Jupiter UK Growth Fund, Charlie Thomas, manager of the Jupiter Ecology Fund and John Chatfeild-Roberts, Algy Smith-Maxwell and Peter Lawery - managers of the Jupiter Merlin Fund of Funds.*
 
Edward Bonham Carter, Chief Executive of Jupiter Asset Management, said: "We are delighted to have achieved this award. We firmly believe that employing talented stock pickers and creating the right environment in which they can work as a closely-knit team while retaining individual responsibility for their own portfolios is behind our ability to produce out-performance over the medium term. Ensuring managers' interests are aligned with those of investors by encouraging them to invest in the funds they manage is also a key part of our culture.

"Our recent MBO has further reinforced our commitment to the business. We believe this new structure will ensure all our staff are even more focused on producing strong investment performance and high levels of customer service. Our ability to offer an ownership stake in the business should also prove attractive to the talented individuals we seek to hire - as our recent appointments demonstrate."

-ENDS-

Notes to Editors:
* Jupiter has 10 managers with Citywire ratings (as at 31.7.07):

Manager Rating Fund
Charlie Thomas AAA Jupiter Ecology
Laurie Petar AAA Jupiter Fund of Investment Trusts and Jupiter Monthly Income
Ian McVeigh AAA Jupiter UK Growth
Philip Gibbs AAA Jupiter Financial Opportunities
Anthony Nutt AA Jupiter Income Trust and Jupiter High Income
John Chatfeild-Roberts AA Jupiter Merlin fund of funds and Jupiter Global Managed
Peter Lawery A Jupiter Merlin fund of funds
Algy Smith Maxwell A Jupiter Merlin fund of funds
Elena Shaftan A Jupiter Emerging European Opportunities
Sebastian Radcliffe A Jupiter North America

Jupiter Unit Trust Managers Limited (JUTM) and Jupiter Asset Management Limited (JAM) are both are authorised and regulated by the Financial Services Authority and their registered address is 1 Grosvenor Place London SW1X 7JJ. They are both subsidiaries 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. They 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.