Jupiter Fund Management (JUP) is one of few asset managers to have found its share price making gains post-referendum. Vice chairman Edward Bonham Carter has shown his appreciation for the good run, divesting almost £4.2m-worth of shares in late July.
IC TIP:
Buy
at
428p
The group's diversified asset mix and geographical spread has protected it against the profit decline endured by most asset managers over the past 18 months. Assets under management (AUM) increased 4 per cent in the six months to the end of June to £37bn. This was due to foreign exchange gains as well as net inflows of £0.6bn, although this was down from £1.4bn the previous year.
Buys | |||||||
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Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Amino Technologies | Keith Todd (ch) | 29 Jul 16 | 8,975 | 146.25 | 13,126 | 466,665 | 0.661 |
Atlantis Japan Growth Fund | Richard Pavry | 03 Aug 16 | 20,000 | 151.5 | 30,300 | 20,000 | 0.050 |
CML Microsystems | Ronald Shashoua | 01 Aug 16 | 3,000 | 337 | 10,110 | 148,500 | 0.875 |
Centrica | Iain Conn (ceo) | 28 Jul 16 | 100,000 | 245.6 | 245,600 | 400,083 | 0.007 |
Centrica | Stephen Hester | 29 Jul 16 | 20,700 | 241.5 | 49,991 | 20,700 | 0.000 |
D4t4 Solutions | Roger McDowell | 01 Aug 16 | 500,000 | 132 | 660,000 | 2,850,000 | 7.812 |
Dunelm | John Browett (ceo) | 02 Aug 16 | 4,534 | 860.5 | 39,015 | 27,785 | 0.014 |
Electra Private Equity | Ian Brindle | 02 Aug 16 | 298 | 3813 | 11,363 | 298 | 0.001 |
Electra Private Equity♥ | Ian Brindle | 02 Aug 16 | 399 | 3819 | 15,238 | 697 | 0.002 |
Electrocomponents | Karen Guerra | 29 Jul 16 | 8,500 | 293 | 24,905 | 16,025 | 0.004 |
Equiniti | Guy Wakeley (ceo) | 29 Jul 16 | 5,917 | 169 | 10,000 | 1,305,139 | 0.435 |
FDM | Michelle Senecal de Fonseca | 28 Jul 16 | 2,530 | 598.95 | 15,153 | 5,211 | 0.005 |
Frenkel Topping | Jason Granite (ch) | 02 Aug 16 | 17,500 | 44 | 7,700 | 11,826,928 | 15.849 |
Hammerson | David Tyler (ch) | 28 Jul 16 | 10,000 | 559.436 | 55,944 | 40,000 | 0.005 |
Hammerson | Pierre Bouchut | 29 Jul 16 | 20,000 | 554.04 | 110,808 | 20,000 | 0.003 |
IG Design | Elaine Bond | 28 Jul 16 | 15,816 | 190 | 30,050 | 15,816 | 0.025 |
Inchcape | John Langston | 01 Aug 16 | 292 | 674 | 1,968 | 3,012 | 0.001 |
Inchcape | Nigel Northridge | 01 Aug 16 | 315 | 674 | 2,123 | 28,118 | 0.007 |
Inchcape | Alison Cooper | 01 Aug 16 | 233 | 674 | 1,570 | 4,827 | 0.001 |
Inchcape | Coline McConville | 01 Aug 16 | 292 | 674 | 1,968 | 1,605 | 0.000 |
Inchcape | Nigel Stein | 01 Aug 16 | 233 | 674 | 1,570 | 9,074 | 0.002 |
Inchcape | Till Vestring | 01 Aug 16 | 411 | 674 | 2,770 | 63,963 | 0.015 |
Jupiter UK Growth Investment Trust | Jonathan Davis | 01 Aug 16 | 4,000 | 283.5 | 11,340 | 4,000 | 0.027 |
KEFI Minerals* | Ian Plimer | 29 Jul 16 | 3,750,000 | 0.5 | 18,750 | 10,200,001 | 0.263 |
KEFI Minerals* | John Leach (fd) | 29 Jul 16 | 5,000,000 | 0.5 | 25,000 | 16,364,583 | 0.421 |
Laird | David Lockwood (ceo) | 01 Aug 16 | 5,125 | 290.953 | 14,911 | 281,308 | 0.104 |
Laird | Martin Read (ch) | 29 Jul 16 | 16,928 | 293.8 | 49,734 | 47,317 | 0.017 |
Laird | Michael Parker | 29 Jul 16 | 33,945 | 292.3937 | 99,253 | 51,945 | 0.019 |
Laird | Nathalie Rachou | 01 Aug 16 | 5,000 | 292.8 | 14,640 | 10,000 | 0.004 |
Low & Bonar | Kevin Matthews | 03 Aug 16 | 24,389 | 64 | 15,609 | 24,389 | 0.007 |
Mercom Capital* | John Zorbas (ceo) | 29 Jul 16 | 2,400,000 | 2.5 | 60,000 | 4,898,595 | 16.647 |
Mercom Capital* | Kyle Appleby (fd) | 29 Jul 16 | 600,000 | 2.5 | 15,000 | 1,590,881 | 5.406 |
QinetiQ | Lynn Brubaker | 29 Jul 16 | 12,000 | 225.9333 | 27,112 | 12,000 | 0.002 |
Reabold Resources | Jeremy Edelman (ch) | 02 Aug 16 | 5,000,000 | 0.4 | 20,000 | 149,000,000 | 46.430 |
Rolls-Royce Holdings | David Smith (cfo) | 28 Jul 16 | 6,116 | 817.5 | 49,998 | 41,915 | 0.002 |
SDL♥ | Adolfo Hernandez (ceo) | 02 Aug 16 | 50,000 | 435 | 217,500 | 50,000 | 0.061 |
Sainsbury (J) | Brian Cassin | 03 Aug 16 | 25,000 | 222 | 55,500 | 25,000 | 0.001 |
Sainsbury (J) | Susan Rice | 03 Aug 16 | 3,000 | 223 | 6,690 | 4,000 | 0.000 |
Sainsbury (J) | David Tyler (ch) | 29 Jul 16 | 25,000 | 223 | 55,750 | 75,000 | 0.004 |
Sainsbury (J) | Mary Harris | 28 Jul 16 | 13,119 | 227 | 29,780 | 27,064 | 0.001 |
TR Property Investment Trust | Suzie Procter | 28 Jul 16 | 13,297 | 300.807 | 39,998 | 16,661 | 0.005 |
Thomas Cook | Lesley Knox | 29 Jul 16 | 46,100 | 65.196 | 30,055 | 46,100 | 0.003 |
Tullett Prebon♥ | Andrew Baddeley (cfo) | 02 Aug 16 | 5,000 | 330.77 | 16,539 | 15,000 | 0.006 |
Tullett Prebon | Andrew Baddeley (cfo) | 02 Aug 16 | 10,000 | 331.1 | 33,110 | 10,000 | 0.004 |
Tyman | Mark Rollins | 03 Aug 16 | 15,000 | 287.1869 | 43,078 | 15,000 | 0.008 |
Zegona Communications | Eamonn O'Hare (ch & ceo) | 02 Aug 16 | 100,000 | 113 | 113,000 | 1,674,999 | 0.854 |
Zegona Communications | Eamonn O'Hare (ch & ceo) | 03 Aug 16 | 100,000 | 113 | 113,000 | 1,774,999 | 0.905 |
Zegona Communications♥ | Mark Brangstrup Watts | 02 Aug 16 | 3,941,901 | 113 | 4,454,348 | 3,941,901 | 2.011 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
InterContinental Hotels | Richard Solomons (ceo) | 03 Aug 16 | 27,198 | 3077.881 | 837,122 | 496,437 | 0.251 |
InterContinental Hotels♥ | Richard Solomons (ceo) | 03 Aug 16 | 55,782 | 3077.881 | 1,716,903 | 440,655 | 0.223 |
Jupiter Fund Management | Edward Bonham Carter | 28 Jul 16 | 1,000,000 | 416.9 | 4,169,000 | 11,006,764 | 2.405 |
Smart Metering Systems | Alan Foy (ceo) | 01 Aug 16 | 600,000 | 435 | 2,610,000 | 7,180,608 | 8.095 |
*Placing/tender/open offer ♥Spouse/connected party |