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Jupiter passes on administration fee savings to investors – Ignites Europe

Jupiter is to pass on savings to investors that it has made by outsourcing some back-office services for its Ireland-based funds.

The asset manager changed the administrator and depositary for its Jupiter Asset Management Series product range from Citi to BNY in December.

Hugues Gillibert, chief executive of Fitz Partners, a specialist fee research company, said the UK fund house was “doing the right thing” by passing on savings to investors.

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