Jump to content

Jupiter asset management


RLC

Recommended Posts

The rapid appointment of Andrew Formica as the new CEO later this year is interesting as he has a reputation as a deal maker. Unfortunately he's going to have to use all his deal making skills to turn this company around. Poor fund performance, falling assets under management, a large proportion of retail clients and outflows from their funds is a recipe for further falls in the share price even though it did badly in 2018. Not surprising that it remains a favourite 'short' with some institutions.

Link to comment

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      16,235
    • Total Posts
      77,720
    • Total Members
      64,437
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Deep123
    Joined 20/10/21 08:37
  • Posts

    • Welcome to the forum. Which instruments were you trading and what was the average holding time of the trades.
    • Gold price recovers as oil price gains slow Gold continues to edge higher while the ongoing rally in oil prices appears to have paused for now. Source: Bloomberg  Chris Beauchamp | Chief Market Analyst, London | Publication date: Wednesday 20 October 2021 Gold After the losses of late last week the price has stabilised at $1760 and has pushed slightly higher, although there is still some ground to be recovered before a more bullish view emerges. A reversal below $1760 would hand the advantage back to the sellers. Source: ProRealTime WTI Momentum has eased off here, although the trendline from late September remains unchallenged as yet. The price has yet to roll over, and indeed the lows of the previous two sessions remain intact. A firm drop below $81 would start to suggest a deeper retracement is at hand. Source: ProRealTime
    • FTSE 100 and S&P 500 look for further gains while DAX struggles at resistance Overall indices are continuing to move higher, but the DAX has struggled to make headway as it nears trendline resistance. Source: Bloomberg  Chris Beauchamp | Chief Market Analyst, London | Publication date: Wednesday 20 October 2021 FTSE 100 The FTSE 100's overall move higher from the September low is intact, although upward momentum has stalled around 7200. A firm breakout to new highs continues to elude the index, but without a firm break lower below rising trendline support the outlook continues to favour higher prices. Source: ProRealTime DAX After the leap higher last week the index has definitively stalled, failing to break trendline resistance and remaining below the 50-day and 100-day simple moving averages (SMAs). While the price has yet to break Monday’s low, and with stochastics still rising, the bearish view is still in abeyance, but a drop below 15,400 would signal a new move to the downside. Meanwhile, buyers will hope that the price can resume the move higher and on above 15,600 to break trendline resistance. Source: ProRealTime S&P 500 After clearing the late September highs the price has pushed on towards the 4550 record high. We look for gains above this level in due course. It would take a reversal back below 4450 to suggest the sellers were back in charge. Source: ProRealTime
×
×
  • Create New...