|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||1.9000 - 1.9000|
|52 Week Range||1.9000 - 4.0000|
|Beta (5Y Monthly)||1.41|
|PE Ratio (TTM)||5.76|
|Forward Dividend & Yield||0.22 (11.75%)|
|Ex-Dividend Date||Apr 21, 2022|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for JFHHF
Take this headline on Thursday: “Jupiter CEO Quits $68 Billion Firm to Sit at the Beach and ‘Do Nothing’.” Yes, Andrew Formica, head of UK fund manager Jupiter, announced that he was quitting to spend more time with his family in his native Australia. Formica is 51, which these days is only just past retirement for a top tennis player.
After three years in the top seat, Andrew Formica will step down as CEO of Jupiter Fund Management, retiring this October to spend time with family in his native Australia.
Defending the middle ground is proving tricky in the fund management sector. London-listed fund manager Jupiter is struggling more than most. The share price barely budged on Tuesday’s news that Andrew Formica is stepping down as chief executive after only three years in the role.