Jupiter Wants $1 Billion in Hedge Fund Assets, Says Bloomberg

Bloomberg reported today that Jupiter Asset Management is aiming to become a $1 billion hedge fund company within five years by developing in house managers and starting new funds. Currently, Jupiter has just $170 million in four hedge funds, but

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Bloomberg reported today that Jupiter Asset Management is aiming to become a $1 billion hedge-fund company within five years by developing in-house managers and starting new funds. Currently, Jupiter has just $170 million in four hedge funds, but two more are planned for the next 18 months to two years.

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