Jupiter’s expanded retail presence in Singapore complements its offerings in Hong Kong and retail brand in the UK.

Jupiter Asset Management has secured a capital markets services (CMS) license from the Monetary Authority of Singapore (MAS), marking an extension of its services to include Singapore’s retail investors, the firm announced on Friday.

The CMS license enables Jupiter to offer its global investment solutions to a broader investor base in Singapore, building upon its 15-year presence in Asia. The firm, established in 1985, is a specialist in high conviction, active asset management.

The move is aided by the relocation of Sam Konrad, investment manager for Asian Equity Income, to Singapore from London. Jupiter managed assets worth $63,5 billion ) as of 30 September 2024, offering with 19 investment teams a variety of actively managed strategies to clients globally.