Fitch rates Jupiter Fund Management BBB, bond BBB-

Fitch Ratings said it assigned Jupiter Fund Management plc a long-term issuer default rating of BBB and its upcoming subordinated bond an expected rating of BBB-.

The outlook is stable.

The agency said the rating reflects a company profile with an established mid-sized presence in the U.K. retail market and in equities, but which is less diversified than that of some Fitch-rated peers geared towards institutional investors and other regions and asset classes.

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