Jupiter Asset Management has been recognised as one of the UK's leading Private Asset Management firms, picking up the award for the Investment Performance - Growth Portfolios, at the Private Asset Management Awards 2006.

Colin Chisholm, Head of Private Clients at Jupiter said: "We are delighted that the strong performance produced by Jupiter has been recognised. Our clients have in turn acknowledged this, driving assets under management up by 50% last year."

Jupiter has also been awarded overall 'Large Mixed Asset Managed Group of the Year' at the Lipper Citywire All Star Awards 2006. This accolade recognises consistent performance in the following five Jupiter funds over the last 3 years: Distribution Fund, High Income Fund, Monthly Income and Merlin Balanced and Income Portfolios.

Gordon Davidson, Joint Managing Director, Jupiter Unit Trust Managers Ltd said, "We are delighted to have won this award. It confirms our belief that employing talented stock-pickers and then giving them the freedom to invest as they see fit is behind our long term outperformance."