Commerzbank has decided not to sell Jupiter after all, having failed to attract a price it regarded as acceptable. Commerzbank , which will now have to keep the fund manager for the foreseeable future, has its work cut out to restore morale and strategic direction. One obvious option is to distribute Jupiter products through the Commerzbank network in Continental Europe. The sale process of Montgomery Asset Management in the US continues , with several interested buyers. A sale is expected to be agreed by the fourth quarter.
Commerzbank Not To Sell Jupiter After All
Commerzbank has decided not to sell Jupiter after all, having failed to attract a price it regarded as acceptable. Commerzbank , which will now have to keep the fund manager for the foreseeable future, has its work cut out to